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Court approves $6.3M class action settlement against Linchpin directors
Bartley Cohen Law 2023-06-19 1:54 pm By Cindy Cameronne

A judge has approved a settlement with former directors of collapsed advisory firm Linchpin Capital under which insurer RiverStone will pay $6.3 million, which will be used to fund the investor class action’s claims against AIG.

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$47M settlement in ANZ credit insurance class action reasonable, judge says
Allens 2023-06-16 4:37 pm By Christine Caulfield

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.

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Banksia class action judge to OK settlements with former silk, cost consultant
Class Actions 2023-06-16 1:48 pm By Christine Caulfield

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.

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Judge mulls contradictor over ATE costs in super class action against Westpac
ATO 2023-06-15 5:11 pm By Sam Matthews

A judge overseeing a superannuation class action against two Westpac units that settled for $30 million has flagged the possibility of appointing a contradictor to examine the litigation funder’s claimed cut of the settlement, which includes a deduction of over $1 million to cover the costs of after-the-event insurance.

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Facebook agrees to $20M penalty in ACCC case over data privacy app
ACCC 2023-06-14 11:37 pm By Gareth Baker

Facebook has agreed to pay a $20 million penalty for misleading consumers by representing that its discontinued Onavo Protect mobile app would keep users’ personal activity data private, when in fact it was being collected for commercial use.

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Shine’s shareholder dividends called out by J&J class action judge in fight over costs
Alec Leopold 2023-06-13 11:36 pm By Sam Matthews

The judge weighing the legal costs sought to be deducted from a $300 million settlement in pelvic mesh class actions against Johnson & Johnson has questioned Shine Lawyers’ bid to make group members pay $32 million in interest incurred on a loan the firm took out at “credit card” rates.

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Cruise class action wins $23M settlement from Scenic Tours the hard way
Andrew Jordan 2023-06-08 1:46 pm By Sam Matthews

Cruise operator Scenic Tours has agreed to settle a long-running class action with travellers who were promised a “once in a lifetime cruise along the grand waterways of Europe” but were instead forced to take the bus, after almost ten years of litigation that went all the way to the High Court.

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‘It’s a disaster’: Judge questions $11M settlement in Aveo class action
Alan Sullivan 2023-06-08 12:04 pm By Sam Matthews

A judge has questioned an $11 million settlement in a class action against retirement village provider Aveo, resolving to appoint a contradictor and a costs referee amid a dispute between the plaintiff law firm and its litigation funder, which the court heard has “grave concerns” about the costs incurred in the case.

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Tyro class action judge OK’s $2.5M in settlement deductions after railing against earlier deal
Bannister Law 2023-05-30 11:04 pm By Cindy Cameronne

A judge who eviscerated a prior bid by a law firm and funder to take home 60 per cent of a $5 million class action settlement with Tyro has allowed them to net half of the proceeds, questioning whether some of the costs amounted to a “complete breach” of legal professional duties.

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PFAS class action on behalf of First Australians settles for $22M
Anya Poukchanski 2023-05-25 11:13 am By Cindy Cameronne

The last remaining class action against the Department of Defence over the use of alleged toxic firefighting foam at a military base in Jervis Bay has settled for $22 million, from which $5 million will be deducted for legal costs. 

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