Please login to bookmark Close
A judge has approved the discontinuance of an underpayments class action against Tandem, saying it would be “inutile” to press forward with the case after the telco contractor entered administration.
White Island volcano victims win court OK to pause Aussie suits
Please login to bookmark Close
A judge has granted victims of the New Zealand White Island volcano eruption the right to freeze their Australian claims so they can sue cruise operator Royal Carribean in the US state of Florida.
Proctor & Gamble, Reckitt warned against ‘pointless wars’ in detergent dispute
Please login to bookmark Close
Consumer goods giants Proctor & Gamble and Reckitt Benckiser have been urged by a court not to bury their dispute over marketing of a dishwashing tablet product under a mountain of competing performance tests.
Costs in class actions getting ‘out of control’, judge says
Please login to bookmark Close
A judge overseeing a $192.5 million settlement in an oil spill class action against PTTEP Australia on behalf of Indonesian seaweed farmers has balked at the “very large” costs sought by Maurice Blackburn for administering the deal, expressing concerns that class action costs are “getting out of control”.
Banksia class action judge to OK settlements with former silk, cost consultant
Please login to bookmark Close
A judge has indicated he will approve settlements totalling $2.7 million reached with disgraced senior barrister Norman O’Bryan and a cost consultant retained by the legal team behind the Banksia class action fraud.
Law firm investigating class action against Salt Lake Potash, auditor EY
Please login to bookmark Close
A law firm is probing a shareholder class action against former ASX-listed Salt Lake Potash and auditor EY, alleging the company failed to disclose material information about its financial position before entering receivership in late 2021.
$47M settlement in ANZ credit insurance class action reasonable, judge says
Please login to bookmark Close
A $47 million settlement in a class action against ANZ — one of three settlements in a series of class actions against the big banks over ‘junk’ consumer credit insurance — was fair and reasonable, a judge has said.
Judge signals approval of class action settlement with Linchpin directors
Please login to bookmark Close
A settlement with directors in an investor class action brought over the collapse of advisory firm Linchpin Capital is in the interests of group members, a judge has said.
$4.9B ANZ, Suncorp tie-up clears a hurdle with $25M commitment to Queensland
Please login to bookmark Close
The Queensland government has signed off on ANZ’s proposed $4.9 billion merger with Suncorp’s banking arm, after the company agreed to remain headquartered in Brisbane as a dedicated insurance company.
Crown Melbourne fined $20M for tax failures
Please login to bookmark Close
Victoria’s gambling regulator has slapped Crown Melbourne with a $20 million penalty for failing to pay proper casino tax.