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Westpac appeals funding order in life insurance class action
Allens 2018-10-11 10:42 pm By Christine Caulfield Melbourne

Westpac is challenging a judge’s order that gives the funder backing a class action over life insurance premiums a 25 percent cut of any recovery.

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Court consolidates toxic foam class action trials
Australian Government Solicitor 2018-10-11 9:49 am By Cat Fredenburgh Melbourne

Three class actions filed against the Commonwealth of Australia over allegedly toxic foam from government military bases will be heard together.

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Class action seeks evidence from jailed Crown Resorts employees
Class Actions 2018-10-10 11:24 pm By Cat Fredenburgh Melbourne

The law firm leading a shareholder class action against Crown Resorts wants evidence from employees whose arrest in China during a 2016 government crackdown on gambling sent the company’s stock price tumbling.

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Quinn Emanuel reveals ‘step up’ funding model in AMP class action beauty pageant
Adam Hochroth 2018-10-10 9:29 pm By Miklos Bolza Sydney

Law firm Quinn Emanuel Urquhart & Sullivan will call in US experts to back up its proposed “step up” funding model as five law firms begin a high stakes battle to lead a shareholder class action against AMP.

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CBA faces $100M class action over ‘uncompetitive’ super rates
Class Actions 2018-10-10 12:43 pm By Cat Fredenburgh Melbourne

Commonwealth Bank and its wealth management unit Colonial First State have been hit with a class action alleging Colonial First State dumped customers’ retirement savings into uncompetitive CBA investments with returns as low as 1.25 per cent.

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Mt Victoria bushfire class seeks to amend pleading on first day of trial
Class Actions 2018-10-08 11:12 pm By Miklos Bolza Sydney

The lawyers leading a class action seeking damages from electrical distributor Endeavour Energy over the 2013 Mt Victoria bushfires have made a bid to amend the pleadings as the six-week kicked off Monday in the NSW Supreme Court.

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MyBudget denied costs in ‘public interest’ class action
Class Actions 2018-10-08 10:48 pm By Cat Fredenburgh Melbourne

A Federal Court judge that threw out a consumer class action against MyBudget has denied the budget management company’s bid for costs, finding the case was brought in the public interest.

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Ponzi schemer’s co. to face claims in Westpac class action
Allens 2018-10-08 8:28 pm By Cat Fredenburgh Melbourne

A Federal Court judge has allowed the plaintiffs in a class action alleging a unit of Westpac failed to detect the fraud of convicted Ponzi schemer Michael Samra to proceed with their claims against Samra’s defunct company.

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Shine boosts shareholder class action practice with ACA acquisition
ACA Lawyers 2018-10-05 4:46 pm By Cat Fredenburgh Melbourne

Shine Lawyers has acquired boutique class action firm ACA lawyers, a deal that will create the second largest class action firm in Australia by caseload and position the firm to take advantage of an expected increase in shareholder class action work.

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UGL class action funder to earn up to 30% commission
Article 2018-10-05 2:09 pm By Christine Caulfield Melbourne

The litigation funder backing a class action against engineering company UGL over disclosures related to the ballooning costs of its Ichthys power project could pocket up to 30 percent of any settlement or judgment, according to a court order.

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