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Lamenting that he now has less flexibility to manage commission rates, a judge has called for legislative intervention to give courts authority to regulate funding arrangements at the outset of class actions, a power stripped from them by the High Court late last year.
A judge has signed off on a $37.5 million Murray Goulburn class action settlement but slashed $2 million in legal costs sought by Mark Elliott's law firm, which is running the case.
Union heavyweight John Setka has successfully defended a case brought by CFMEU boss Micheal O'Connor seeking orders restraining Setka from poaching members from the union's manufacturing division.
Noting the challenge of searching for documentary evidence while employees are working from home, a judge overseeing two consumer class actions against ANZ and Westpac has directed the banks to hand over only a limited number of documents to the applicants, and given them extra time to do it.
Treasury Wine Estates has said it will vigorously defend a shareholder class action filed this week over a recent earnings downgrade, one of two possible class actions the wine producer could be facing over the announcement.
A judge overseeing a class action against National Australia Bank over ‘junk insurance’ has ordered that potential group members be given information about cancelling the policies, but not before taking the applicants to task for not having the polices automatically cancelled as part of the $49.5 million settlement.
A judge has given his blessing to a $49.7 million settlement of two class actions that alleged infant food maker Bellamy's misled investors about its China growth strategy and declining market share in Australia.
Victorian Attorney-General Jill Hennessy is "cautiously confident" that her bill allowing lawyers in the state to charge contingency fees will pass as early as next week, but the class action reform couldn't come soon enough, she says.
Law firm Maurice Blackburn has taken legal action on behalf of a sports club which missed out on funding from a $100 million grants program, in what could be a test case for other clubs that lost out because of the so-called ‘sports rorts’ affair.
Slater and Gordon has expanded its Get Your Insurance Back campaign, launching class actions against ANZ and Westpac over allegedly worthless consumer credit insurance, just three months after it reached a $49.5 million settlement with NAB in a class action over similar insurance.