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Westpac lending class action gets makeover after ASIC loss
Financial Services October 30, 2019 4:07 pm By Christine Caulfield

A class action accusing Westpac of issuing unsuitable home loans is pushing forward with overhauled pleadings after the corporate watchdog lost a related regulatory action, […]

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Court may scrap expanded class definition in Ethicon pelvic mesh case as judgment looms
Class Actions October 30, 2019 10:52 pm By Miklos Bolza

An impending judgment in the long-running class action against Johnson & Johnson unit Ethicon over allegedly defective pelvic mesh implants has sent the parties scrambling […]

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New class action alleges ‘institutional racism’ by NT government
Class Actions October 30, 2019 9:09 pm By Christine Caulfield

The Northern Territory government has been hit with a class action alleging the Indigenous population of the remote NT community of Wadeye is subject to […]

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You’ve got nothing to lose: Myer, Babcock & Brown, continuous disclosure obligations and securities litigation
Expert Insights October 30, 2019 10:49 pm By

Listed companies are subject to continuous disclosure obligations under the Corporations Act 2001 and the ASX Listing Rules. Some of the principles underpinning those continuous disclosure […]

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‘A point of high principle’: Funder argues it shouldn’t face costs for failed Airservices class action
Employment October 29, 2019 9:42 pm By Miklos Bolza

The litigation funder that backed a now dismissed class action against aviation service provider Airservices has argued funders should not face costs orders in Fair […]

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Group members left with less than half of $18M UGL class action settlement
Class Actions October 29, 2019 1:50 pm By Christine Caulfield

UGL shareholders that signed up to a class action against the engineering company over disclosures related to its Ichthys power plant contract will get less […]

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Litigation funder throws off lawsuit seeking cut of $5M class action fee
Business of Law October 29, 2019 4:07 pm By Cat Fredenburgh

Lawfinance, formerly known as Just Kapital, has won summary dismissal of a lawsuit initiated by its founder seeking a piece of the funder’s $5 million […]

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Woolworths class action funder wants up to 35% of any recovery
Class Actions October 28, 2019 12:23 pm By Christine Caulfield

The funder backing a shareholder class action against Woolworths wants a 35 percent slice of any settlement or judgment in the $100 million case, according […]

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Funder to appeal landmark ruling on security in Fair Work class actions
Employment October 28, 2019 4:51 pm By Miklos Bolza

A litigation funder is planning to challenge a landmark Federal Court ruling that found for the first time that funders can be ordered to pay […]

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After landmark Myer ruling, settlements in shareholder class actions to stay the norm
Analysis October 25, 2019 8:39 pm By Christine Caulfield

A groundbreaking class action ruling by the Federal Court on Thursday that found Myer misled shareholders and accepted the applicant’s market-based causation theory is the […]

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