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KPMG class action applicants might bring CFO question to a head
The applicants in a shareholder class action against KPMG and former directors of defunct mining company CuDeco might press for clarity on the question of common fund orders in light of a ruling Tuesday morning that further split the Federal Court on the issue.
Novel ‘solicitors’ CFO to be sought in Blue Sky class actions
The applicants in a consolidated investor class action against Blue Sky Alternative Investments and auditor EY will be applying for a so-called solicitors common fund order, and will move to transfer the case to the contingency-fee friendly Victoria Supreme Court if the groundbreaking application fails.
‘Distinctly bizarre’: Costs, commission send lead applicant packing in oil spill class action
The law firm running the Montara oil spill class action, which has settled for $192.5 million, is looking for a new lead applicant after the first one defected over concerns group members would lose half the settlement amount to legal costs and a funding commission.
Medibank class action to test whether data breach claims ‘worth the candle’
A landmark Federal Court class action against private health insurer Medibank will be a test case for when privacy claims can sidestep the regulatory path, and whether group members can prove they suffered loss from exposure of their data.
Uber looks to trim taxi driver class action
Uber wants to trim a class action by taxi and hire drivers in four states over the introduction of UberX, saying the case lacks coherence.
CIMIC Group unit to pay $438,000 to settle underpayments class action
UGL Limited has agreed to pay $438,000 to settle a class action accusing the engineering company of underpaying casual aluminium construction and manufacturing workers over a three year-period.
A2 Milk wins stay of NZ class action while shareholder case plays out in Victoria
A2 Milk has succeeded in fending off a second shareholder class action in New Zealand for now, with New Zealand High Court finding that Australia is the more appropriate forum to hear the claims.
Bushfire class action applicant dodges security for costs bid by wealthy SA family
The family of late pastoralist Thomas Brinkworth can't get security for costs from a landowner bringing a bushfire class action in South Australia, with a court ruling security was unnecessary under the class action rules in the state, which can bind all group members to an adverse costs order.
WA government takes early swing at Banksia Hill class action
The Western Australia government has foreshadowed a strike-out application just one month after being hit with a class action on behalf of detainees in the state's detention centres.
Gunns Plantations class action against KPMG settles with ex-Tasmanian Premier
A class action against KPMG over the failure of six managed investment schemes for eucalyptus wood in Tasmania has settled its claims against former Tasmanian Premier Robin Gray.