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A settlement has been reached on the eve of trial in a class action against ANZ and OnePath alleging they slugged super fund members with excessive fees.
Four proceedings over COVID-19 business interruption losses will be stripped of class action status, with a judge saying most of the common issues were already determined in test cases.
An ex-worker at DVD manufacturer Technicolor has won more time to bring claims against her former employer, with a judge finding her 10-year delay was the result of potentially negligence by Nowicki Carbone and Maurice Blackburn.
A class action targeting Westpac subsidiary BT Funds Management and Tal Life Insurance is set to be discontinued less than a year after it was filed.
A ruling this week that kept intact a contingency fee rate of 27.5 per cent sought by Slater & Gordon to run a shareholder class action against G8 Education might encourage law firms to seek higher percentage payouts at the outset of group proceedings in Victoria.
Class action settlement approval hearings are not a time for the court to second guess a law firm's contingency fee as set down in a group costs order, a judge has found, but the question of proportionality is still key, and evidence of a firm's return on investment and hourly fees may be relevant to the final decision.
A judge has signed off on the first-ever settlement allowing a law firm to earn a contingency fee, approving a $12.8 million cut for Slater & Gordon in a shareholder class action against G8 Education.
The law firm running class actions against ANZ and Westpac has been pulled up for claiming confidentiality over a solicitor's affidavits on the costs incurred by the applicants since the court approved settlements in the cases.
A judge has allowed a law firm running a shareholder class action against medical glove maker Ansell to earn a 40 per cent contingency fee, but slashed the rate for settlements or judgments over $50 million.
A class action has been launched seeking “housing justice” for Aboriginal tenants living in alleged substandard public housing in Western Australia.