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Funder in class action against RMBL wants 30% commission if case drags on past August
The litigation funder backing a consumer protection class action against mortgage lending and investment firm RMBL Investments will earn a step-up commission of 30% if the case continues into September, according to a proposed common fund order.
Ernst & Young might get dragged into Slater & Gordon class actions
Accounting firm Pitcher Partners, which is facing two shareholder class actions over auditing work for Slater & Gordon, is considering filing claims of its own against the law firm's current auditor, Ernst & Young.
Appeals court revives $20M tip fire class action against NSW council
An appeals court has revived a class action against a NSW council over loss and damage resulting from a 2009 tip rubbish fire, and awarded the lead applicant over $100,000 in damages.
Lendlease hit with shareholder class action over engineering business disclosures
Construction giant Lendlease has been hit with a class action over allegedly inadequate disclosures relating to its engineering and services business, which includes the NorthConnex tunnel road project in Sydney.
Zoetis appeals security of costs ruling in horse vaccine class action
Horse vaccine maker Zoetis has appealed a ruling that denied its request for $450,000 as security for costs in an unfunded class action accusing it of failing to warn about the vaccine's side effects.
High Court refuses special leave to losing GetSwift class action
The battle over competing shareholder class actions against logistics tech company GetSwift is over, with the High Court rejecting a bid by one of the losing class action applicants to take another look at their case.
ANZ settles class actions by 7-Eleven franchisees
ANZ has reached an in-principle settlement in two class actions alleging it breached its responsible lending obligations by providing loans to purchasers of 7-Eleven franchises that were not financially viable.
Common fund bid in toxic foam class action dismissed after applicant bristles at more scrutiny
A judge has tossed an application for a common fund order in a class action over the use of toxic foam on a RAAF base near Katherine, NT after a barrister for the lead applicants said the bid would be withdrawn if the judge appointed an independent "contradictor" to scrutinise the proposed funding structure.
IOOF dismisses ‘speculative’ shareholder class action
Wealth manager IOOF has dismissed a shareholder class action lawsuit related to allegations of misconduct aired at the Banking Royal Commission, calling it "speculative and unfounded".
RCR Tomlinson class actions will fight to stay alive
Two class actions against collapsed engineering firm RCR Tomlinson may be dismissed earlier than expected unless the Supreme Court allows them proceed against a liquidator who has said the failed company is strapped of funds.