An investor class action against RCR Tomlinson has reached a walk-away settlement agreement with two former directors of the failed engineering company.
Monash IVF has hit back at a class action brought on behalf of hundreds of men and women demanding damages for the alleged destruction of potentially viable embryos, saying patients “were made aware of the risks” of a novel testing technique.
Group members in a class action against Fonterra are set to reap about $13 million from a $25 million settlement reached with the dairy company, following deductions including the costs of the litigation funder’s after-the-event insurance.
Hyundai and Kia are facing “massive compensation claims” by hundreds of thousands of car owners over allegedly defective anti-lock braking systems said to render some of the manufacturers’ most popular models potential fire hazards.
Three class action law firms have joined forces to run a landmark data breach complaint against Medibank, seeking compensation for up to 9.7 million affected customers.
In reasons for approving a $41 million deal to settle one of three shareholder class actions over Slater & Gordon’s acquisition of a UK firm and awarding the funder 28 per cent, a judge has challenged a persistent notion that the interests of litigation funders and group members are at odds.
A judge has dismissed a class action brought by a pensioner against the Department of Social Services over its real estate asset testing for pensions, citing his lack of legal representation.
A judge has vacated an upcoming trial in shareholder class actions against former Quintis director Frank Wilson and Ernst & Young, after learning judgment in similar ASIC proceedings against Wilson will not be delivered before the class action hearing kicks off.
After initial qualms, a judge has signed off on a $29.5 million settlement in a class action against recycling company Sims that includes a “staggering” $8.5 million in legal costs and an insurance policy buffering the funder from adverse costs.
A costs report in a settled class action against Woolworths that recommended almost $800,000 in legal fee deductions failed to wrestle with a key factor in weighing the proportionality of the costs, a judge has said.