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A judge has cut a funder's commission by 33 per cent after approving a $20 million settlement in a sham contracting class action against telco contractor BSA Limited, finding that funders should receive “significantly lower” payouts in employment cases.
Medibank faces a representative proceeding over last month's data breach that exposed the sensitive information of millions of customers, as the private health insurer reveals more stolen data was posted online overnight.
A judge has approved a $33 million settlement in a class action against vocational education provider Box Hill Institute, but taken the ax to a law firm's proposed 18.25 per cent loading on its fees, saying courts shouldn't approve uplifts for run of the mill legal work.
The funder bankrolling the settled class action against oil exploration company PTTEP wants a court-ordered injunction against a barrister to prevent him from giving independent legal advice to the lead applicant about his claim.
Despite recent class actions against Medibank and Optus for cybersecurity breaches, class actions over cyber attacks will not become common because they involve “a lot of work for not a lot of money”, a lawyer has predicted.
A judge has approved a confidential settlement in a class action on behalf of 383 apartment owners in Sydney’s Opal Tower but slashed the amount sought by the funder.
A judge has cut at least $170,000 from the fees sought by a law firm running a class action on behalf of Drakes Supermarkets store managers who were allegedly underpaid -- the same firm that saw its fees reduced in two similar class actions.
The judge whose ruling against the legal team behind the Banksia class action fraud helped redeem the battered reputation of the civil justice system may be asked to disqualify himself from the final fight in the drawn out case.
A judge overseeing the Montara oil spill class action has found the Federal Court's broad discretion under the class action regime is "outflanked" by the need to give group members a chance to opt out. But resolving that question on Thursday -- which has divided the courts -- caused a further wrinkle ahead of a hearing to weigh a settlement in the case.
The lead applicant in a class action on behalf of investors who sank $12.3 million into an allegedly fraudulent sports betting scheme run by convicted conman Peter Foster may drop the case after a partner in the scheme filed for bankruptcy.