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Class action should foot the bill for first ever group costs order, judge says
A judge who ordered the first ever group costs order in a class action has found that the costs of the application should be borne by the class action.
Claims against Macquarie Leasing dropped in ANZ flex commissions class action
Macquarie Leasing has been let off the hook in a class action alleging that a flex commissions scheme by ANZ’s former car finance business encouraged dealers to set car loan rates far in excess of base rates in exchange for large kickbacks.
Treasury Wine’s blackout of board papers ‘not justified’, class action judge says
A shareholder class action against Treasury Wine Estates has won access to information said to prove there were reduced wine sales in the United States, with a judge finding the wine producer's redactions of board papers were “not justified”.
Law firm’s tiered contingency fee in doubt in Beach Energy class actions
A judge deciding one of the first ever applications by a law firm for a percentage cut of a class action will have to determine whether Victoria's ground-breaking contingency fee legislation allows a group costs order to operate with a sliding percentage return.
Law firms team up to join two Nuix class actions, want third case shut down
Two law firms are joining forces in the hopes of winning a contest of competing securities class actions against technology company Nuix over its $1.8 billion IPO.
KPMG takes Arrium class action venue battle to High Court
A fight over the venue for a class action against KPMG by investors in the collapsed mining company Arrium has been taken to the High Court, and at the centre of the battle is a contingency fee order made in the case.
Crown Resorts must tell class action what board knew about money laundering
A judge overseeing a shareholder class action against Crown Resorts has ordered the casino giant to give details of board members' knowledge about two bank accounts which were allegedly used to launder hundreds of millions of dollars.
Dealers in Holden class action rejected $5M offer from GM
Car dealers that have brought a class action against General Motors over its decision to retire the Holden brand in Australia rejected offers of compensation totaling close to $5 million, according to court documents.
Judge signs off on 40% cut for law firm in Arrium class action
A judge has approved a 40 per cent group costs order for the law firm that's running a class action against KPMG and former directors of collapsed mining company Arrium, the highest approved since the state began allowing lawyers to earn a cut of class action awards.
GM cites force majeure clause in defence to Holden dealers class action
General Motors Holden Australia has denied that it owes compensation to Holden dealers over its decision to retire the iconic brand in Australia, and says its dependence on other GM units to supply the cars constituted "an event beyond its reasonable control".