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Broker can’t take back admission in Provident class action defence
Financial Services September 21, 2018 2:38 pm By Miklos Bolza

A judge has shot down a last minute bid by an insurance brokerage facing a cross claim in a class action over failed debenture issuer […]

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Competing Murray Goulburn class actions look set to co-exist
Class Actions September 21, 2018 2:25 pm By Christine Caulfield

The judge presiding over two shareholder class actions against Murray Goulburn indicated Friday he would likely let both cases proceed jointly to a trial in 2020.

Sirtex shareholders fear ‘bare cupboard’ for class action after takeover
Class Actions September 20, 2018 4:32 pm By Christine Caulfield

Shareholders in a class action against Sirtex Medical have lost a bid for an order preventing the life sciences company from quietly moving $128 million in cash assets out of the country after its $1.9 billion takeover by a Chinese private equity company comes into effect Thursday, but the battle over the money will likely continue.

Law firm abandons Banana Boat class action
Class Actions September 20, 2018 10:33 pm By Christine Caulfield

Bannister Law has dropped its investigation of a possible class action against the makers of Banana Boat aerosol sunscreen, which faced numerous complaints by consumers […]

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Judge wants funder’s cut in Westpac class action to come from net recovery
Class Actions September 19, 2018 1:58 pm By Christine Caulfield

A judge has agreed to sign off on an order in a massive class action against Westpac that could give 25 percent of any recovery […]

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BMW says court can’t make funding order in Takata class actions
Class Actions September 19, 2018 8:40 pm By Miklos Bolza

BMW Australia plans to challenge the NSW Supreme Court’s power to create a common fund order spanning six class actions brought against major players in […]

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Judge dismisses MyBudget consumer class action
Class Actions September 18, 2018 9:59 pm By Miklos Bolza

MyBudget has successfully fought off a class action brought by consumers who claimed the budget management firm violated consumer law by holding onto interest earned […]

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Shareholders to contest Bellamy’s cost-capping bid in class actions
Class Actions September 14, 2018 2:09 pm By Christine Caulfield

A sought-after court order by organic baby food maker Bellamy’s to limit legal costs in two class actions won’t come without a fight, a barrister […]

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Funders react to ASIC’s thumbs down on licensing
Class Actions September 13, 2018 11:41 pm By Christine Caulfield

The corporate watchdog’s dim view of proposals to regulate litigation funders got a mixed reaction from big players in the industry Thursday, with its position […]

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QRxPharma defendants can access class members’ broker details
Class Actions September 13, 2018 11:49 pm By Miklos Bolza

The defendants in a shareholder class action over QRxPharma’s alleged failure to disclose problems with regulatory approval for its painkiller Moxduo have won access to […]

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