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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.
The judge who found that disgraced soldier Ben Roberts-Smith committed war crimes in Afghanistan did not show “full consideration of the presumption of innocence” in his defamation case, an appeals court has heard.
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.
A professor from Texas has no business offering an opinion on the meaning of One Nation senator Pauline Hanson's exhortation to the Greens party deputy leader that she "piss off back to Pakistan", a court has heard.
A judge has approved a $4.5 million settlement in a class action over a fire allegedly ignited by welding work in rural NSW, despite a handful of objections from group members.
Former Victorian Liberal MP Moira Deeming has lost a bid to split her defamation case against state party leader John Pesutto, after a judge expressed his reluctance to have the court sort through her claim that publications by Pesutto carried 67 different defamatory imputations against her, including that she is a neo-Nazi.
A shareholder class action against livestock exporter Wellard over a profit downgrade following its $300 million initial public offering in 2015 has settled for $23 million.
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.
A judge has signed off on a bill that brings the total settlement administration costs in a class action against Johnson & Johnson unit De Puy to over $13 million, amid a push by some judges to open the settlement administration gig up to competition.
Construction giant Boral has lost its bid to block a class action from running a 'novel' argument that shareholders suffered loss because of natural fluctuations in share price, rather than as a direct result of alleged continuous disclosure breaches.