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Funder’s critical intervention in liquidator’s case leaves it on hook for costs
A judge has issued a stern warning to litigation funders seeking to take a “gamble” on pending court proceedings, ruling they could be held liable for costs if their intervention proves critical to the advancement of the case.
Car makers to pay $52M to settle Takata airbags class actions
Six of the world's largest car makers have agreed to pay $52 million to settle class actions accusing them of selling cars with deadly Takata airbags.
VW class action applicant slugged with indemnity costs
The lead applicant in a class action against Volkswagen over defective Takata airbags has been hit with indemnity costs for his failed case after a NSW Supreme Court judge found that deficiencies in aspects of the case were "manifestly clear".
Takata airbags class action appeals court loss to Volkswagen
The applicant in a class action against Volkswagen over defective Takata airbags has appealed a ruling dismissing the case for failing to establish any loss or damage.
Judge won’t allow Ampol on site to rebrand Caltex stores
Service station giant Ampol has lost its bid to force petrol station chain EG Fuel Co to allow it access to 87 Caltex sites so they can be rebranded to Ampol stations, with a judge finding it would cause EG “obvious disruption”.
‘The gullible are not disentitled to protection’: Lawyer loses sports betting class action appeal
Sydney lawyer Leigh Johnson has lost her appeal in a class action launched by investors who allegedly sank $12.3 million into a fraudulent sports betting scheme run by convicted conman Peter Foster.
Settlement reached in Takata airbags class actions
Six of the world's largest car makers have agreed to settle class actions accusing them of selling cars with deadly Takata airbags.
Judge tosses plaintiff’s case in first Takata airbags class action to face trial
In a major defeat that could affect the fate of six other cases lined up behind it, a judge has dismissed the lead plaintiff's claims in a class action against Volkswagen over deadly Takata airbags.
Grant Thornton can bring cross-claim against Forge Group
Grant Thornton has won approval to a bring a cross-claim against Forge Group, just three months ahead of trial in the collapsed engineering company's case against the accounting firm and ten former directors for their alleged negligence in relation to its "uneconomic" purchase of CTEC in 2012.
Damages claimed in Takata airbags class action against VW ‘quite absurd’, court told
A class action trial against Volkswagen over recalled Takata airbags has kicked off, with a lawyer for the car giant denying the airbags carried a safety risk and attacking as “quite absurd” the sought-after damages of 30 percent of the initial price tag of affected cars.