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Judge doubts Scenic Tours’ de-classing bid in cruise class action
A judge has questioned a bid by cruise operator Scenic Tours to water down a class action brought over a series of European cruises that went ahead in 2018 despite a record-breaking drought that saw river levels drop so low they became impassable.
United Petroleum franchisees can’t stay lawsuits in light of class action
A judge has declined a bid by former United Petroleum franchisees to stay two Federal Court proceedings in light of a class action against the petrol giant over the introduction of loss-making Pie Face stores, finding the suits have little in common.
Montara oil spill class action firm, funder score half of $192.5M settlement
A judge has largely approved the funder's commission and legal fees to be deducted from a $192.5 million settlement of a class action against oil company PTTEP, despite the costs halving the amount to go to group members.
‘Court is not a place for their sport’: Judge slams stoush between funder, class action applicant
A judge has ordered a litigation funder and the lead applicant in a settled class action to personally mediate a stoush over expenses, saying he doubted the applicant's $1.2 million claim and said the court is "not a place for their sport”.
Firm’s contingency fee re-do wins over judge in class actions against banks
A law firm has won its second bid for a group costs order in three class actions against banks over flexible commission schemes after a judge in 2021 rejected what was then the first-ever application for a contingency fee.
Gunns class action settles with KPMG, former directors
A class action against KPMG and nine former Gunns Plantations directors over the failure of six managed investment schemes for eucalyptus wood in Tasmania has settled for a confidential amount, with a judge poised to approve the deal.
S&P fights ‘significant’ expansion of class action over CDO ratings
S&P Global is fighting bids to expand a class action alleging systemic defects in its ratings systems to a new type of complex financial product and to include allegations from a US Department of Justice case in a separate suit by two Cayman Islands-based companies.
Question of power to make settlement CFOs sent back to Full Court
The divisive issue of whether judges are empowered to make a common fund order to distribute the costs of a funding commission at the settlement stage of a class action is headed back to the Full Federal Court next week.
In Jaguar Land Rover class action contest, ‘innovative’ funding model challenged
A law firm has questioned an “innovative” funding model proposed by its rival in a contest to run a class action against Jaguar Land Rover over allegedly defective diesel filters in its vehicles.
Funder’s $7M cut in Fonterra class action up in the air amid CFO uncertainty
A judge has indicated his willingness to approve a $25 million settlement in a class action against dairy co-op Fonterra, but deferred the question of the funder's cut until after the Full Court rules on whether the court has the power to make a common fund order at settlement.