Details of a settlement with AIG in a class action by investors in failed Linchpin reveal the insurer has paid out all of a $10 million policy and will hand over another $2.15 million in interest and costs.
The CEO of litigation funder Woodsford told a female director to swallow her “pride and ego” and make way for a younger, male collague, a new lawsuit claims.
Westpac is arguing timelines prepared by law firm Allens are privileged and should not be handed over in a shareholder class action over its alleged lax compliance with anti-money laundering laws.
Applicants in class actions against Hyundai and Kia over alleged defective braking will pay the car manufacturers’ costs incurred for abandoned appeals, despite arguing the appeals were overtaken by subsequent events.
A UK-based litigation funder has been hit with a lawsuit by its Australian director and head of origination claiming dismissal in breach of the Fair Work Act.
The litigation funder behind a class action against engineering firm CIMIC took a $4.7 million hit to its commission from a settlement after a dispute with the plaintiff’s law firm, according to a decision published Friday.
Two NSW Liberal Party members have brought a class action after party officials failed to lodge their nomination forms for local government seats in the 2024 elections.
A class action brought by investors of failed advisory firm Linchpin has reached a settlement with insurer AIG — the last remaining defendant in the case.
Mercedes-Benz has taken aim at an amended group definition in a class action over alleged defeat devices designed to cheat emissions testing, with a judge agreeing that it contains “ambiguities and circularities”.
A judge has approved a $45.25 million settlement in a shareholder class action against engineering firm CIMIC over disclosures relating to its Middle East business.