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‘Micromanaging’ slow-going Allianz class action may be unavoidable, judge says
Allianz 2022-08-09 11:57 pm By Cindy Cameronne

A judge has pulled up three legal teams over slow progress in a class action against Allianz over add-on car insurance, saying lawyers’ correspondence to the court may force her to “micromanage” the proceeding.

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‘If they were my clients I’d advise them to opt out’, barrister tells Aveo class action judge
Arnold Bloch Leibler 2022-08-09 11:06 pm By Sam Matthews

The first ever amicus appointed in a fight over the wording of an opt out notice in a class action has told a court a proposed novel funding model in a case against retirement home provider Aveo Group could be a “nightmare scenario” for certain group members.

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3A Composites wins push for detailed claims in cladding class action
Class Actions 2022-08-09 1:34 pm By Cindy Cameronne

A judge has ordered that the lead applicant in a class action against German cladding manufacturer 3A Composites give further details on how its allegedly combustible cladding caused losses for property owners.

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Class action wants insurance policy info from Dixon Advisory
Class Actions 2022-08-08 2:43 pm By Cindy Cameronne

A class action on behalf of former clients of collapsed wealth manager Dixon Advisory has filed a court bid for information on any insurance policy held by the business that might cover the mammoth claims, estimated to be worth between $278 million and $463 million.

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Virgin says funder’s $5M security in investor class action ‘unsatisfactory’
Aviation 2022-08-08 2:10 pm By Cindy Cameronne

Virgin Airlines has argued a litigation funder’s indemnity for its legal costs is not enough for it to bring a class action on behalf of bond holders over a 2019 prospectus, claiming the airline expects to spend more than $5 million defending the proceedings.

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$44.5M Woolworths class action settlement OKd but firm’s fees yet to be approved
Bernard Quinn 2022-08-05 11:45 pm By Christine Caulfield

A judge has signed off on a $44.5 million settlement of a shareholder class action against Woolworths, which includes a $4.73 million funding commission, but the amount of fees to be paid to the law firm running the case remains to be decided.

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Mitsubishi loses appeal, court finds Triton fuel economy label misleading
Appeals 2022-08-05 2:37 pm By Cindy Cameronne

Mitsubishi Motors has lost its legal challenge to a decision that found it made misleading fuel efficiency representations on a label affixed to the windshield of a Triton 4WD sold in 2017.

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EY settlement in class action over Slater & Gordon audits approved
Accounting 2022-08-05 2:05 pm By Cindy Cameronne

A judge has blessed Ernst & Young’s settlement with shareholders in a class action alleging the firm, along with Pitcher Partners, approved an overly rosy year-end financial report related to Slater & Gordon’s disastrous $1.2 billion acquisition of UK business Quindell.

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Indonesian farmers fight PTTEP’s bid to shut out 15,000 damages claims in class action
Allens 2022-08-05 12:20 am By Cindy Cameronne

Oil exploration company PTTEP has argued 15,000 Indonesian seaweed farmers who brought a class action alleging their crops were damaged after an oil spill in the Timor Sea will need to individually persuade the court to allow their claims out of time.

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Judge accepts Linchpin directors’ penalty privilege claims in class action
Assembly Law 2022-08-04 2:43 pm By Cindy Cameronne

A judge has allowed four ex-Linchpin directors facing possible fines by ASIC to put off filing evidence or amended defences in an investor class action after they claimed it would put them at risk of penalty in the corporate regulator’s proceedings.

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