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Judge OKs $100M AMP class action settlement, denies ATE insurance deduction
Class Actions 2024-09-10 1:31 pm By Christine Caulfield

A $100 million settlement by AMP in a class action by financial planners over the wealth manager’s buyer of last resort policy has been given the OK, but the litigation funder won’t be reimbursed for $2.6 million in insurance and administrative costs.

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Uber judge grapples with ‘unprecedented’ number of late registrants for $272M settlement
Class Actions 2024-09-09 11:52 pm By Cindy Cameronne

Almost 7,000 taxi drivers who did not sign up to two class actions against Uber by the deadline are asking the court for a cut of a $272 million settlement, with a judge questioning what she “unleashed” when sending out the notice of settlement. 

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Michael Hill wins appeal in $2.3M spat with packaging supplier
Bronte Lambourne 2024-09-04 11:22 pm By Andy Sidler

Michael Hill has won its challenge to a decision that found the jewellery retailer breached an exclusivity clause and minimum order requirements in a sales agreement with a packaging supplier. 

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Funder’s payout in AMP class action should be shaved by $2.6M, court told
Class Actions 2024-08-29 11:31 pm By Sam Matthews

A contradictor appointed to represent group members’ interests in relation to a $100 million settlement in a class action against AMP wants to shave $2.6 million off the funder’s cut, telling the court that deductions for ATE insurance and administrative fees should not be approved.

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Kingfisher Mobile pares claims in $45M lawsuit against Telstra
Telecommunications 2024-08-16 11:45 pm By Cindy Cameronne

Contractor Kingfisher Mobile has dropped a claim against Telstra in a $45 million lawsuit alleging the telco breached a November 2022 contract when it engaged a new provider to take over. 

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Uber class action judge to appoint contradictor team to advise on objections to $272M settlement
Class Actions 2024-07-24 11:30 pm By Christine Caulfield

The judge considering a $272 million settlement in class actions against Uber will appoint a pair of contradictors to advise her on the hundreds of objections lobbed against the agreement.

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RAMS mulls cross-claim against franchisees in class action
Class Actions 2024-06-13 2:24 pm By Sam Matthews

Westpac subsidiary RAMS has flagged a cross-claim against disgruntled franchisees who say their agreements were terminated without proper cause, citing possible breaches of the National Credit Act. 

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Judge OKs $100M Colonial class action settlement, questions ‘strange’ funding agreement
Superannuation 2024-06-03 11:11 pm By Sam Matthews

The judge overseeing a consumer class action against wealth manager Colonial First State Investments has given the green light to a $100 million settlement, but questioned a $23.1 million cut to funder Augusta under a “strange” funding agreement.

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RAMS hit with class action by disgruntled franchisees
Class Actions 2024-05-27 2:20 pm By Sam Matthews

Westpac subsidiary RAMs has been hit with a class action by former franchisees who say their agreements with the home loan provider were terminated without proper cause.

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Litigation funder hits pay dirt with taxi driver class actions against Uber
Class Actions 2024-05-13 11:30 pm By Christine Caulfield

The funder behind two class actions against Uber, which have settled for $272 million, stands to make a tidy sum if the settlement holds up at a court approval hearing.

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