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 […]
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.
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.
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.
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.
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.
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 […]
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 […]
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 […]
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 […]