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Judge says High Court did not rule out common fund orders at settlement
Class Actions December 6, 2019 1:58 pm By Christine Caulfield

The High Court’s ruling Wednesday that judges have no power to issue a common fund order in the initial phases of a class action does […]

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$42M Murray Goulburn settlement wins approval, but fight over funder’s cut still on
Class Actions December 6, 2019 2:56 pm By Christine Caulfield

Two months after rejecting the deal because the litigation funder’s cut appeared excessive, a judge has approved a $42 million class action settlement with Murray Goulburn while the funder keeps up the fight over its commission.

Group members to get $100 or less under $1.5M ANZ class action settlement
Class Actions December 6, 2019 1:54 pm By Cat Fredenburgh

A judge has given the green light to a $1.5 million settlement in a long-running class action against ANZ alleging it slapped customers with illegal fees, with group members expected to get no more than $100 and potentially walking away with “substantially less” than this.

‘Reasonable chance’ of settlement in Dick Smith class actions
Class Actions December 6, 2019 12:31 pm By Cat Fredenburgh

There is a “reasonable chance” that two shareholder class actions against failed electronics retailer Dick Smith will settle by February of next year, group members have learned.

Engineer blamed for design defects in Opal Tower class action
Class Actions December 5, 2019 10:55 pm By Cat Fredenburgh

The construction company behind Sydney’s Opal Tower has filed a cross claim seeking $30 million from structural architect WSP Structures over its allegedly faulty building design.

Judge rejects bid to suppress legal costs report in SurfStitch class actions
Class Actions December 5, 2019 10:03 pm By Hannah Gee

A judge has rejected an application sought by the plaintiffs in two recently settled class actions against online shopping retailer SurfStitch to keep an independent report into legal costs under wraps, after expressing concerns a confidentiality order would not be in the interests of open justice.

Higher commission rates, more closed class actions to follow High Court ruling
Analysis December 4, 2019 10:36 pm By Christine Caulfield

The end of the common fund order is a setback for class actions that will see a revival of the days of closed proceedings, costly […]

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Common fund orders in class actions dealt fatal blow by High Court
Class Actions December 4, 2019 10:12 am By Christine Caulfield

Judges have no power to order all class action members to pay a proportion of a litigation funder’s commission out of their share of a […]

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5 takeaways from the High Court’s common fund ruling
Class Actions December 4, 2019 1:43 pm By Christine Caulfield

More than a decade after the High Court ruled that third parties could finance legal proceedings in Australia, the court has issued another game changing […]

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Class action litigation funders hit a hurdle as the High Court strikes down common fund orders
Expert Insights December 4, 2019 10:52 pm By

The litigation funders underwriting Australia’s booming class actions industry have hit a setback, with the High Court deciding Wednesday that the common fund orders they […]

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