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Contradictor blasts Shine’s ‘wholly unreasonable’ $100M legal bill in J&J class actions
Class Actions 2022-12-05 11:15 pm By Cindy Cameronne

A contradictor in two pelvic mesh class actions against Johnson & Johnson has opposed Shine Lawyers recovering $100 million in costs from a $300 million settlement, which a judge has preliminarily found is not fair and reasonable to group members.

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Insurer on hook for breast implant class action costs after High Court snub
High Court 2022-11-18 11:18 pm By Cat Fredenburgh

Avant Insurance has lost its bid to challenge a ruling which put it on the hook for indemnifying a plastic surgeon in class action proceedings over allegedly botched breast augmentations at a defunct NSW clinic.

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‘Best that can be done’: Judge OK’s ‘modest’ $33M Suncorp settlement
Class Actions 2022-10-27 3:03 pm By Sam Matthews

A judge overseeing a class action against a unit of Suncorp Group has given his blessing to a settlement that will see only $14 million of its headline $33 million figure go to super members, despite finding the modest return was “far short of the maximum potential recovery” in the case.

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Judge doubts power to vary Sims class action funding agreement
Securities 2022-10-13 10:19 pm By Sam Matthews

A judge weighing a $29.5 million settlement in a class action against recycling company Sims Limited has questioned the court’s power to vary the funding agreement between the applicant and funder, which seeks to pass on its insurance costs to group members as well as recoup costs and earn a commission.

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Like ‘dousing one’s house in kerosene’: Owners rebuff no-damage claim in cladding class action
Insurance 2022-09-27 11:46 pm By Cindy Cameronne

Property owners are fighting arguments that claims in a class action over allegedly combustible cladding do not fall under a $190 million insurance policy’s definition of property damage, saying installing the cladding was like “dousing one’s house in kerosene”.

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Vero Insurance to argue owners suffered no property damage in cladding class action
Construction 2022-09-19 11:17 pm By Cindy Cameronne

Insurer for cladding manufacturer Fairview Architectural, Vero Insurance, will argue a $190 million policy does not cover claims in a class action alleging combustible cladding caused losses for property owners, a court has heard.

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Law firms lay down swords in Mesoblast shareholder class actions
Class Actions 2022-08-24 1:54 pm By Cat Fredenburgh

Two law firms that filed competing class actions against regenerative medicine company Mesoblast for allegedly misleading shareholders about its Remestemcel-L treatment for COVID-19 complications have agreed to join forces and sidestep a beauty parade.

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3A Composites wins push for detailed claims in cladding class action
Class Actions 2022-08-09 1:34 pm By Cindy Cameronne

A judge has ordered that the lead applicant in a class action against German cladding manufacturer 3A Composites give further details on how its allegedly combustible cladding caused losses for property owners.

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Suncorp to pay $33M in super class action settlement
Class Actions 2022-07-25 11:24 pm By Christine Caulfield

The settlement figure in a class action against a unit of Suncorp Group has been revealed as $33 million, and super members are set to share in the net sum of $14 million, or 42.5 per cent of the deal.

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Sims class action funder, lawyers stake claim to 57% of settlement
Class Actions 2022-07-08 11:32 am By Christine Caulfield

The funder and law firm running a shareholder class action against recycling company Sims Limited are seeking more than 57 per cent of a $29.5 million settlement for commission and costs, including an insurance policy to cover the risks of losing the case.

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