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Judge to hear rival bids for contingency fees in Beach Energy class actions
Alistair Pound 2022-05-17 4:32 pm By Cindy Cameronne

A judge overseeing a beauty parade of two class actions against Beach Energy will hear competing bids for contingency fees by the plaintiffs’ firms before choosing which of them will have carriage of the case.

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Ford pushing for 10-day hearing in ‘all-in appeal’ of complex class action decision
Allens 2022-05-17 3:01 pm By Sam Matthews

Ford is seeking an extended hearing of its appeal from a class action judgment in favour of 185,000 vehicle owners over their allegedly defective cars, saying a “significant excavation” of the ruling is now in order. 

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Toyota must pay $18,000 in damages to applicant in defective filter class action
Anais d'Arville 2022-05-17 2:44 pm By Cindy Cameronne

A judge has awarded a Queensland motor vehicle assessor $18,400 in damages in a class action against Toyota over allegedly defective diesel filters in its cars that could see the automotive giant owe close to $2 billion to 260,000 car owners.

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GetSwift, directors drop appeal of judgment on ‘PR-driven’ approach to disclosures
Alan Shearer 2022-05-16 11:38 pm By Cat Fredenburgh

Logistics company GetSwift and its directors have dropped their challenge to a judgment that found the company breached its continuous disclosure obligations with its “PR-driven” approach to ASX statements.

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Judge says unnamed funder has to provide security in Westconnex class action
Class Actions 2022-05-16 3:18 pm By Cindy Cameronne

A judge has ordered an unnamed funder to give $415,000 in security for the NSW government’s legal costs in a class action alleging it fraudulently acquired land for the construction of the WestConnex tunnel and caused loss and damage to 3,000 land holders.

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Consolidation of Dixon Advisory class actions hits snag over funding
ASIC 2022-05-13 10:20 pm By Sam Matthews

A proposed consolidation of two class actions against collapsed wealth manager Dixon Advisory has hit a snag, with Shine Lawyers wanting to ensure group members who have signed up for its no win, no fee proceeding don’t get stuck paying the commission of the funder backing its rival’s case.

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Virgin Australia won’t take financial hit from shareholder class action
Aviation 2022-05-13 10:02 pm By Christine Caulfield

A shareholder class action against Virgin Australia over representations made in a prospectus for a $324 million capital raising won’t put a dent in the airline’s financials, the company said Friday.

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7-Eleven class action law firm’s billing practice ‘troubling’, court hears
7-Eleven 2022-05-13 9:46 pm By Cindy Cameronne

A judge overseeing two franchisee class actions against 7-Eleven that settled for $98 million has been urged to cut the payout to the law firm running the cases because it had a “troubling” practice of deferring its fees.

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KPMG takes Arrium class action venue battle to High Court
Accounting 2022-05-13 1:33 pm By Christine Caulfield

A fight over the venue for a class action against KPMG by investors in the collapsed mining company Arrium has been taken to the High Court, and at the centre of the battle is a contingency fee order made in the case.

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Virgin Australia hit with class action over 2019 prospectus
Aviation 2022-05-12 8:49 pm By Cat Fredenburgh

Virgin Australia has been hit with a shareholder class action over representations made in a 2019 prospectus for a capital raising to fund its $700 million acquisition of the Velocity loyalty program, just six months before the airline sank into administration.

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