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2025 on track for record number of class actions, but stats don’t tell whole story
Class action filings are set to reach a historic high by the end of 2025 thanks to 19 almost identical class actions brought by junior doctors, according to a new report. Interestingly, shareholder claims are on the rebound.
No loss proven in CBA cases, but all is not lost for shareholder class actions
In explaining where CBA shareholders went wrong in proving damages from the bank's omissions over an AUSTRAC probe, the Full Federal Court has given class action plaintiffs the clearest indication yet of how they might win.
Construction PRO
Landmark High Court ruling won’t open floodgates to native title compensation claims
A recent High Court decision which found the federal government must compensate Indigenous people in the Northern Territory over past mining operations has significant implications for the government’s liability to pay up for historical acts affecting native title, but experts say the decision is unlikely to unleash a torrent of similar claims.
Class action ruling shows a friendlier High Court, but not that friendly
Last week's High Court ruling that a contingency fee order weighed against transferring a class action against KPMG shows the bench has changed in the five years since it held that the interests of justice aren't concerned by whether a case can survive.
4 ways the High Court could go on CFOs
As the High Court hears oral arguments this week on the reach of power to make common fund orders for firms and funders bringing class actions, Lawyerly gives a cheat sheet on what the justices could do.
Construction PRO
Gen AI ‘next frontier’ in construction, but not without its risks, experts say
Generative artificial intelligence is a game changer for the construction industry, promising better collaboration and fewer costly mistakes, but the technology also presents a host of thorny legal challenges, experts say.
Will ACCC pick up pace of competition enforcement after sluggish two years?
It has been a quiet time for the competition regulator under the stewardship of Gina Cass-Gottlieb, but on Thursday the enforcer urged companies and consumers to watch this space.
ASIC, Noumi privilege win gives comfort to companies mulling VDAs
A finding that Noumi's production of a PwC report to ASIC didn't constitute waiver of privilege provides clarity that voluntary disclosure agreements can protect confidential information, but care must still be taken, lawyers say.
Contingency fee rates on rise as nearly 30 law firms get in on action: report
The rate of contingency fees granted out of the gate in class actions in Victoria's Supreme Court has shot up, and more than two dozen law firms are now vying for their chance at a tidy payday, according to a new report.
String of class action trial losses no predictor of 2025, experts say
A spate of class action victories for corporate defendants might encourage more companies to take their chances at trial, but the fact-specific nature of the judgments means little more can be drawn from the failure of the cases.