The litigation funder underwriting a class action over the collapse of Banksia Securities lost its bid Thursday to block a group member from challenging a $64 million settlement in the case.
AMP will begin its push on Friday to move competing Federal Court class actions to the NSW Supreme Court, but the company will face fierce opposition.
Law firm Corrs Chambers Westgarth is following in the footsteps of Squire Patton Boggs, with both now challenging a ruling that halted their shareholder class actions against logistics startup GetSwift.
A judge overseeing five Dieselgate class actions against Volkswagen questioned on Wednesday the car giant’s claim that it wanted to close down two of the cases — run by Bannister Law — for the benefit of group members.
BHP has been hit with a shareholder class action over the deadly Samarco mine disaster that wiped off $25 billion from the share price of the mining giant.
The fate of class actions against Volkswagen in the sprawling Australian case over the car maker’s diesel emissions cheating scandal will be the subject of a major court battle starting Wednesday.
Leading fundraising company Appco Australia Group is challenging a judge’s decision to let a $85 million wage case move forward as a class action.
Law firm Squire Patton Boggs is appealing a ruling that permanently stayed its case against technology startup GetSwift in favour of a competing class action.
In the wake of a major ruling approving a wage class action against fundraiser Appco, more “sham” contracting suits were launched Monday, this time against two international direct marketing companies.
Commonwealth Bank of Australia will pay $700 million to settle claims of lax anti-money laundering oversight.