A litigation funder’s average rate of return on its investment in shareholder class actions was one of a number of factors weighed by a judge in approving a 25 per cent funding cut from the $42 million settlement in a class action against dairy cooperative Murray Goulburn.
The parents of an Australian national who was killed aboard Malaysia Airlines flight MH17 have successfully appealed a decision blocking them from participating in the settlement of a class action, with an appeals court judge describing as “disturbing” the conduct of their legal team in the group proceeding.
A judge has been accused of “very aggressively” raising issues with a barrister for the Federal Government over its failure to amend its defence in a $300 million class action centred on the Commonwealth’s controversial Robodebt scheme to match recent public admissions.
Domino’s is seeking to strike out portions of the “rolled up, confusing pleading” in a class action over alleged worker underpayments, saying the case cannot be brought under the consumer law.
Google has been ordered to hand over details of an online reviewer’s identity to gangland lawyer Zarah Garde-Wilson so she can pursue a potential defamation and misleading and deceptive conduct case against the reviewer, which she alleges is a rival law firm.
Centrelink recipients eligible for a share of $721 million in refunds on debts paid as part of the controversial Robodebt scheme will not be asked to sign away their rights in an ongoing class action, but whether the Morrison Government will seek to shut down the case remains to be seen.
A judge has questioned ASIC’s proposed $5 million penalty against the Commonwealth Bank of Australia, saying it was “on the light side” for the bank’s conduct in overcharging $8 million in fees on its agricultural products.
The Morrison Government will refund Centrelink recipients $721 million in debts paid as part of the controversial Robodebt scheme at the centre of a class action, a move lawyers for the class called an “unprecedented admission”.
A $95 million settlement has been reached in a shareholder class action against facility services company Spotless Group, the largest settlement in a shareholder class action in two years.
Medical device giant Johnson & Johnson has confirmed it will not seek the recusal of a Federal Court judge from a panel overseeing its pelvic mesh class action appeal, despite earlier raising concerns that he had seen privileged settlement communications.