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‘A schemozzle’: Judge pans firm’s attempt to drop class action against Telstra
A judge has slammed as a "schemozzle" a law firm’s attempt to drop a class action by Telstra employees over the telecom giant’s COVID-19 vaccine policy, saying it failed to seek court approval for the discontinuance or give notice to group members as required.
The Reject Shop hit with underpayments class action
Discount retail chain The Reject Shop has become the latest Australian company to be stung with an underpayments class action.
Crypto class action against Qoin issuer trying to bring ‘entirely new’ case, court told
Qoin cryptocurrency issuer BPS Financial is fighting a class action applicant’s bid to amend its case for the fourth time, saying it is trying to bring an "entirely new claim".
Hino hit with second class action over emissions cheating
Toyota unit Hino has been hit with a second class action alleging it misrepresented the fuel efficiency and emissions performance of certain diesel vehicles for nearly twenty years.
Class action settlements approach $8 billion mark
Approved settlements in class actions since the regime was enacted are set to top $8 billion this year, according to a new report ranking the busiest litigation funders, which found most class action mega settlements were not funder backed.
Class actions dropped to six-year low in 2022
Last year saw the lowest number of new class action filings in Australia since 2016, according to a new report.
GCOs drive funding commissions down
According to a new report that details the highs and lows of litigation funder cuts in class action settlements, funders' returns have dropped considerably since contingency fees were introduced in Victoria.
Unfunded shareholder class actions on the rise
While shareholder class actions have been the bread and butter of litigation funders, a new report has revealed the rise of shareholder class actions brought by lawyers without the backing of third-party funding, especially in contingency fee-friendly Victoria.
Litigation funders down but not out in post-GCO world
The number of funded class actions in Australia has dipped in the two years since contingency fees were introduced in Victoria, but litigation funders are still important players in group proceedings, a new report shows.
NSW Supreme Court no longer a go-to court for class actions
The New South Wales Supreme Court has declined in popularity as a venue for class action litigation since contingency fees were introduced in Victoria, according to a new report.