Stage set for battle over court’s power to vary class action funding agreements

Agriculture 2019-10-22 11:06 pm By Christine Caulfield | Melbourne

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A judge’s decision refusing to approve a $42 million settlement in a shareholder class action against Murray Goulburn because of a “too high” funder’s commission has set the stage for a showdown over the power of courts to alter funding agreements, a battle potentially more consequential than the fight over common fund orders now before the High Court.

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