Class action settlements leaped in value last year, with three settlements topping the $200 million mark.
Hino Motors has agreed to pay $87 million to settle a consumer class action alleging it misrepresented that its vehicles met Australian emissions and road standards over a 20-year period.
Boral has won a legal challenge to its former CEO facing cross-examination in a shareholder class action trial over an email referring to a confidential EY report.
Class closure orders are “anathema” to the purpose of group proceedings in facilitating access to justice and should never be ordered, the High Court has been told.
The applicants in a class action against Lendlease have found common ground with the construction giant in High Court submissions, both arguing for power to make class closure orders.
Boral has asked the Full Court to hear its appeal of a decision allowing its former CEO to be questioned about an email that mentioned a confidential EY report.
Trial in a shareholder class action against Boral has been halted amid an appeal over a decision to allow questioning of former CEO Michael Kane about an email that mentioned a confidential EY report.
Boral’s former CEO Michael Kane can be questioned at trial over a reference he made in an email to findings by EY about the building material group’s poor performing US windows business, despite claims that the findings were privileged.
Citing the significant time and costs invested in the litigation, the applicant in the second filed class action over the collapse of Quintis wants his half of a $4.37 million settlement with the sandalwood producer to fund ongoing costs in what remains of the case.
A personal injury firm that lost out to a class action heavyweight in a contest to run a case against Toyota unit Hino has dropped its appeal and will wear the costs it incurred in bringing its case.