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7-Eleven class action funder wins first-ever interim payment from settlement
Class Actions 2022-06-17 4:24 pm By Cindy Cameronne

A judge has granted a litigation funder for two franchisee class actions against 7-Eleven an interim payment to cover its costs ahead of a ruling on how much it can pocket from a $98 million settlement.

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‘Unsatisfactory state of affairs’: 7-Eleven class action funder wants $16.6M advance on payout
Class Actions 2022-06-15 4:49 pm By Cindy Cameronne

A litigation funder for two franchisee class actions against 7-Eleven has asked a court for a $16.6 million payout to cover its costs before a judge rules on how much it can pocket from a $98 million settlement.

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Aveo class action judge appoints first-ever amicus in fight over opt-out notice
Class Actions 2022-06-02 3:49 pm By Cindy Cameronne

A judge overseeing a class action against retirement home provider Aveo Group has appointed an amicus curiae for what is believed to be the first time to assist the court in a fight over the wording of an opt out notice describing a “novel” funding model. 

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7-Eleven class action law firm’s billing practice ‘troubling’, court hears
Class Actions 2022-05-13 9:46 pm By Cindy Cameronne

A judge overseeing two franchisee class actions against 7-Eleven that settled for $98 million has been urged to cut the payout to the law firm running the cases because it had a “troubling” practice of deferring its fees.

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7-Eleven class action judge urged to accept lawyer’s word on deferred fees claim
Class Actions 2022-04-22 10:47 pm By Christine Caulfield

No evidence was produced of a deferred fee arrangement between the law firm and funder backing franchise class actions against 7-Eleven, and the “unequivocal” denial by the solicitor running the cases should be accepted, a court has heard.

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Aveo says class action opt out notice would ‘scare’ elderly people
Class Actions 2022-04-21 5:24 pm By Cat Fredenburgh

Retirement home provider Aveo Group has opposed a proposed opt out notice that it says would “scare” elderly people by warning the funder that’s backing a class action against it may seek an “unprecedented” order against certain unfunded group members.

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Court to probe if 7-Eleven class action funder, law firm had deferred fee arrangement
Class Actions 2022-04-06 11:50 pm By Christine Caulfield

A marathon hearing of an application for court approval of a $98 million settlement in two 7-Eleven class actions has ended with a judge taking the rare step of signing off on the settlement amount while withholding approval of the legal costs and funding commission.

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$98M 7-Eleven class action settlement approved but costs, commission hang in the balance
Class Actions 2022-04-04 12:40 pm By Miklos Bolza

A judge has signed off on a $98 million settlement in two franchisee class actions against 7-Eleven, but has yet to reach a decision on $19.6 million in legal costs and a $25 million funding commission, which a court-appointed contradictor has urged him to reject.

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7-Eleven class action lawyer accused of retaliation, deliberate late billing
Class Actions 2022-03-30 9:39 pm By Cindy Cameronne

A solicitor running two franchisee class actions against 7-Eleven “retaliated” against a group member who objected to a $98 million settlement and issued a late $6.5 million legal bill to benefit a litigation funder, a court has heard.

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Contradictor backs $98M class action settlement given 7-Eleven’s ‘significant’ risk of losing at trial
Class Actions 2022-03-29 10:20 pm By Cindy Cameronne

A $98 million settlement reached in two franchisee class actions against 7-Eleven is “appropriate” given the likelihood that the convenience store giant would have lost at trial, according to a contradictor who urged the court to reject a $25 million cut sought by the funder that backed the litigation.

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