Alicia Lyons

Cruise ship operator Carnival is fighting a lead applicant’s bid for $8 million in costs in a class action over a COVID-19 outbreak aboard the Ruby Princess, saying the counsel fees are too high.

Infrastructure fund manager Dexus must pay a total of $30 million in legal costs to Australia Pacific Airports Corporation and fellow APAC shareholders, after losing its case over a default notice that has forced a sale of Dexus' stake in the airport operator.

Hearing a fight over $40 million in costs in a case over the sale of Dexus shares in Australia Pacific Airport Corporation, a judge has said he doubts the airport operator can recover the hundreds of thousands of dollars spent on a media consultant during the dispute.

A class action against CMC Markets has agreed to provide an additional $6.5 million in security, with the parties avoiding a contested hearing over the online trader's bid for $8.6 million.

A judge has approved a $120 million settlement in a class action against AMP that followed the banking royal commission, saying while it was a “very disappointing outcome” for group members it was still fair and reasonable.

CMC Markets has avoided production of unredacted solicitors' invoices to support a bid for $8.6 million to cover costs in a class action, despite the applicant arguing the trading platform's legal team was "top-heavy” and the security application unprecedented.

NSW builder Hort Constructions is seeking urgent orders to restrain Iluka Resources from calling on a $1.45 million bank guarantee, claiming the mining company is seeking the funds for an improper purpose.

A judge has asked for more information on why he should approve $43.1 million in legal fees in a class action against AMP that settled for $120 million, calling the amount "extraordinary" and "troubling".

Delivering his findings on ASIC’s action against Star Entertainment executives on Thursday, Federal Court Justice Michael Lee remarked that the “self-congratulatory submissions" of former board members named in the case were "jarring”.

ASIC has had mixed success in a case against former Star directors and officers, with a judge finding the casino operator’s former CEO and GC breached their duties but that claims against the former board fell short.