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Court suppresses details of Grosvenor, Vannin co-funding agreement
ACCC 2020-05-18 4:16 pm By Miklos Bolza

A court has granted a request from Grosvenor Litigation Services, the funder that backed two class actions against Volkswagen over its emissions cheating scandal, to suppress the details of a co-funding agreement with Vannin Capital.

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In a first, judge says High Court dealt CFOs a total knockout
Adam Hochroth 2020-05-14 6:08 pm By Miklos Bolza

A judge has found that the High Court’s landmark ruling last year blocking common fund orders in the early stages of a class action also barred them from being made at the conclusion of a proceeding, departing from several recent rulings on common fund orders.

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Judge greenlights law firm’s $43M payday in VW class actions
Adam Hochroth 2020-05-14 5:46 pm By Alison Eveleigh

After almost five years before the courts, a judge has approved an approximately $120 million settlement of five class actions against Volkswagen over the diesel emissions scandal, including a “very substantial” $43 million in fees and disbursements for one of the plaintiffs firms.

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Shareholder appeals judge’s refusal to freeze AMP class action
Adam Hochroth 2020-05-11 6:29 pm By Miklos Bolza

A NSW Supreme Court decision refusing to put a Maurice Blackburn-led shareholder class action against AMP on ice pending a High Court challenge has been appealed by the lead applicant of a competing case.

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Car makers won’t take class closure fight to High Court
ACCC 2020-05-07 11:24 pm By Miklos Bolza

Seven car makers defending class actions over defective Takata airbags have confirmed they will not be challenging a landmark decision that set aside a pre-settlement class closure order in the cases.

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ACCC dodges indemnity costs over failed detergent cartel appeal
ACCC 2020-05-06 6:37 pm By Miklos Bolza

Personal healthcare giant PZ Cussons has lost its bid for indemnity costs against the ACCC, after claiming that the regulator was “doomed to fail” when it appealed a judgment dismissing its case over an alleged laundry detergent cartel.

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ACCC says lower fine ‘appropriate’ in VW appeal of record $125M ‘dieselgate’ penalty
Australian Government Solicitor 2020-05-05 12:58 pm By Alison Eveleigh

The Australian Competition and Consumer Commission maintains its $75 million settlement agreement with Volkswagen over the emissions cheating scandal was “appropriate”, as VW progresses its appeal of the $125 million penalty imposed by a judge who called the ACCC agreement “manifestly inadequate”.

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AMP class action should be put on ice until High Court ruling on beauty parade, court hears
Adam Hochroth 2020-04-30 9:19 pm By Alison Eveleigh

Maurice Blackburn’s shareholder class action against AMP should be put on ice until the High Court decides whether a ruling in last year’s beauty parade awarding the firm carriage of the matter was decided in error, a court has heard.

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Landmark ruling nixing class closure orders likely to reach High Court
Acting Justice Arthur Emmett 2020-04-23 9:10 pm By Christine Caulfield

A ruling Wednesday that struck down class closure orders — a device used by judges in class actions for the past two decades — has split the courts in Australia and is expected to head to the High Court.

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Courts don’t have power to make class closure orders, appeals court says
Acting Justice Arthur Emmett 2020-04-22 6:30 pm By Miklos Bolza

An appeals court has overturned a ruling ordering class closure in seven representative proceedings against car makers over defective Takata airbags, finding courts do not have the power to make class closure orders.

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