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A judge has held that there could be favourable costs consequences for Carnival if its rejected $15 million settlement offer in the Ruby Princess class action turns out to be more generous than the ultimate damages award, departing from a previous ruling that so-called Calderbank offers do not operate in group proceedings.
Asylum seekers who were put in immigration detention in South Australia can transfer their cases to the Federal Court to run their claims as a class action accusing the federal government of negligence and unlawful detention.
Health law practitioners are grappling with “snowballing awards” in claims over psychiatric injuries, according to Sparke Helmore’s new health law partner.
Sydney financier First Class Capital has admitted it acquired three million shares in former market darling Big Un but has denied liquidators' claims that the purchase was part of a fraudulent design to inflate the share price ahead of the video start-up’s collapse.
Online broker International Capital Markets has been hit with a second class action for selling “excessively risky” derivative products known as contracts for difference to retail investors.
Car repair giant AMA Group has resolved its case against three former executives that sought to block them from poaching staff and customers for competing business Drive Group.
Practitioners have marked the passing of former NSW Supreme Court Justice Andrew Rogers KC, who will be remembered for transforming commercial litigation through his vigorous, often "brutal" approach to case management.
Two firms have agreed to consolidate their class actions against online trading platform IG Markets over risky CFDs, but the company failed in a bid to have the two funders behind the cases liable for 100% of any security for costs order lest one funder defaults.
Mining magnate Clive Palmer has lost an appeal seeking to throw out two criminal cases over a takeover bid and payments to his political party, with an appeals court finding the challenge was an abuse of process.
Cruise ship operator Carnival PLC has flagged a bid for indemnity costs after the lead applicant in a class action over a COVID-19 outbreak aboard the Ruby Princess rejected a $15 million settlement offer.