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Judge approves $4.7M Quintis class action settlement
Class Actions 2022-07-01 10:37 pm By Cat Fredenburgh

A judge has signed off on a $4.7 million settlement in two investor class actions against collapsed sandalwood producer Quintis, two year after an earlier […]

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After ‘very unfortunate’ loss, Carwoola bushfire class action dodges indemnity costs
Class Actions 2022-07-01 11:03 pm By Sam Matthews

The lead applicant in an unsuccessful class action over the Carwoola bushfire has avoided indemnity costs sought by insurer CGU and has won a 40 per cent reduction in the amount of legal costs it will have to cover for the defendant.

Class actions too complex to run without lawyers, judge says
Class Actions 2022-06-30 12:36 pm By Sam Matthews

A judge has tossed a class action brought by a self-represented applicant against Wilson Security, saying class actions should not be run without lawyers.

Funder sells stake in Commonwealth Bank class action for $7.5M
Class Actions 2022-06-30 4:00 pm By Cat Fredenburgh

A litigation funder has reaped $7.5 million from the sale of a 20 per cent stake in a shareholder class action against the Commonwealth Bank of Australia over the bank’s allegedly lax money laundering compliance.

Virgin ordered to hand over insurance details in shareholder class action
Class Actions 2022-06-29 11:12 pm By Cat Fredenburgh

Virgin Australia has been ordered to disclose whether its insurer has agreed to indemnify it for any liability it may have in a shareholder class […]

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Litigation funder wins transfer bid in fight with class action applicant
Class Actions 2022-06-29 9:59 pm By Christine Caulfield

A litigation funder facing a lawsuit by the lead applicant in a settled class action it financed has won its bid to transfer the case […]

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New Zealand should regulate class actions, allow CFOs: report
Policy and Regulation 2022-06-28 12:35 pm By Cindy Cameronne

The New Zealand law commission has called on the government to implement a class action regime that would allow funders to seek the equivalent of […]

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Banksia class action solicitor suspended from roll for two years
Legal Ethics 2022-06-24 9:59 am By Christine Caulfield

The solicitor found to have acted as a “postbox” to hide conflicts of interest in the class action over Banksia Securities’ collapse has been suspended […]

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Appeal lodged in class action by cruise voyagers forced to take the bus
Competition & Consumer Protection 2022-06-24 10:18 pm By Sam Matthews

Cruise operator Scenic Tours is appealing a courtroom loss that could see it owing $25 million in damages in a class action by travelers who […]

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Law firm behind ANZ, Westpac flex commission cases to try again for contingency fees
Class Actions 2022-06-23 9:18 pm By Sam Matthews

The law firm that lost the first ever application for a group costs order in class actions against ANZ and Westpac has indicated it will […]

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