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Former EY partner hit with indemnity costs for rejecting National Tiles settlement offer
Securities 2024-08-30 11:44 pm By Cindy Cameronne

A former EY partner and ousted board member at National Tiles has been ordered to pay indemnity costs after he lost a $1 million share dispute with the flooring company, with a judge finding he “unreasonably failed” to accept a settlement offer.Ā 

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Former EY partner loses $1M share dispute against National Tiles
Securities 2024-07-30 3:03 pm By Cindy Cameronne

A former EY partner and ousted board member at National Tiles has lost his $1 million claim alleging the company breached implied terms in a contract by requiring him to sign a ā€œdraconian, unreasonable and unacceptableā€ share agreement.

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Judge rejects law firmā€™s updated bid in Hyundai, Kia class actions
Class Actions 2024-07-17 11:50 pm By Sam Matthews

A judge has rejected a law firm’s attempt to update its bid to run class actions against Hyundai and Kia, saying the changes were intended to net the firm a competitive advantage in an upcoming fight for carriage of the class actions and different in substance from its previous position.

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‘No more indulgence’: Firm that took over class actions can’t redo beauty parade bid
Class Actions 2024-06-06 11:09 pm By Sam Matthews

A judge will not allow a law firm that stepped in to lead class actions against Hyundai and Kia to amend its funding proposal to seek a group costs order ahead of a carriage fight, even though its proposal would have led to greater returns for group members.

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No more ‘unadulterated waffle’ please: Court has gone awry with unconscionable conduct, judge says
Competition & Consumer Protection 2024-04-05 11:32 pm By Christine Caulfield

A judge who tossed a $650 million lawsuit by dealers against Mercedes-Benz has said he rejected a “value-laden” take by other judges on what amounts to unconscionable conduct, avoiding what he mockingly described as “putatively profound” propositions “dollied up in prettified prose”.

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Mercedes-Benz dealers appeal loss in $650M suit over model switch
Appeals 2024-02-01 9:03 pm By Cat Fredenburgh

Mercedes-Benz dealers have appealed a judgment that found their $650 million lawsuit against the luxury car maker over its decision to move to a fixed-price agency model tried to “rewrite the contractual bargain” they had agreed to in order to better suit their commercial interests.

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Aveo’s $11M class action settlement OK’d, but ‘avoidable costs’ yet to be doled out
Class Actions 2023-11-22 11:32 pm By Sam Matthews

A judge has given the green light to a $11 million settlement in a class action against retirement village provider Aveo, but reserved his decision about whether a contested amount of over $1 million should go to group members or the law firm that brought the case.

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Law firm replaced in Hyundai, Kia class actions after merger ‘falls apart’
Class Actions 2023-11-20 4:53 pm By Cindy Cameronne

A law firm that brought class actions against Hyundai and Kia over alleged faulty anti-lock braking systems has been replaced ahead of a contest against Maurice Blackburn to run the cases.Ā 

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Judge urged to earmark share of $11M settlement for Aveo class action members
Settlement 2023-10-19 4:14 pm By Sam Matthews

A judge asked to approve an $11 million settlement in a class action against retirement village provider Aveo is considering a proposal by court-appointed contradictors to set aside a percentage of the sum for group members, which would leave the law firm running the case $2 million out of pocket.

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Bondholders class action faced obstacles, but proving climate risk not one of them: judge
Class Actions 2023-10-13 11:53 pm By Cat Fredenburgh

A judge who signed off on a settlement in a class action against theĀ  government by sovereign bondholders over the disclosure of climate risks said proving climate change posed a risk to government coffers may not be as difficult as the government has claimed.

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