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Class action funder says perceived 7-Eleven ‘pressure’ relevant to $25M commission bid
Evidence of anxiety felt by 7-Eleven franchisees leading class actions against the convenience store giant was relevant to whether the funder could earn a $25 million commission from the proceeds of a settlement, a court has heard.
Class action against Hog’s Breath Cafe can’t dodge $1.2M security
Franchisees of the Hog’s Breath Cafe restaurant chain must pay $1.23 million in security for legal costs in their class action against the franchisor, and the matter is stayed until they can pony up the first installment.
Deloitte report on Mercedes-Benz fixed-price model was ‘spin’, court hears
Australian Mercedes-Benz dealers behind a $650 million lawsuit over the car maker's decision to move to a fixed-price agency model allege the car maker engaged Deloitte as a consultant so it could "spin" its real reasons for making the change.
Court asked to find Retail Food Group class action exempt from MIS rules
A class action against franchise giant Retail Food Group wants to head off any challenge to its funding agreement with a court order that the financing arrangement is exempt from controversial regulations requiring group proceedings to be run as managed investment schemes.
GM facing $9M dealer lawsuit over decision to retire Holden brand
General Motors is facing a lawsuit by a Holden car dealer who allegedly suffered up to $9.26 million in financial loss following the car maker's decision to pull the iconic brand in Australia.
Mercedes-Benz hits back at $650M lawsuit, says dealer agreements not ‘perpetual’
Mercedes-Benz has responded to a $650 million lawsuit by Australian dealers over its decision to move to a fixed-price agency model, saying it had a "legitimate commercial interest" in making the change and denying that dealer agreements were "perpetual" in their terms.
Freshii takes Aussie master franchiser to court over unpaid bills
Canadian fast food restaurant Freshii is suing its Australian master franchiser for alleged "extensive failures" to pay what was owed under the franchising agreement and a decision to open eight restaurants in Australia without permission.
Judge won’t send CFO application in 7-Eleven class action to Full Court
A judge has declined a contradictor's calls to send an application for a common fund order in a class action against 7-Eleven, which recently settled for $98 million, to the Full Court.
7-Eleven class action contradictor says settlement CFO bid should go to Full Court
A contradictor asked to weigh in on a $98 million settlement in class actions against 7-Eleven has said the Full Federal Court should decide an application by the funder for a common fund order, citing the importance of the issue.
Mercedes-Benz hit with $650M lawsuit over dealer model change
German luxury car maker Mercedes-Benz has been hit with a $650 million lawsuit by Australian dealers over the company's decision to change to a fixed-price agency model.