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AMP class action ‘in search of a case’ after four years, court told
Class Actions 2024-11-29 11:00 pm By Sam Matthews

AMP has won its bid for more information on a class actionā€™s allegations that it charged excessive insurance premiums, saying the applicant appeared to be ā€œin search of a caseā€.

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BHP says shareholders canā€™t expand class action because of ā€˜drafting errorā€™
Class Actions 2024-11-08 11:12 pm By Cindy Cameronne

BHP has told an appeals court a shareholder class action should not be allowed to expand the group definition to correct an alleged drafting error.

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BHP class action gets 3 extra weeks for high-stakes trial
Class Actions 2024-10-30 11:03 pm By Sam Matthews

A shareholder class action against BHP over the 2015 Fundao dam collapse in Brazil has won a bid to add an extra three weeks to a six-week hearing to account for any evidentiary surprises.

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Early common fund orders blessed by NZ appeals court in ANZ class action
Class Actions 2024-07-19 10:00 pm By Cindy Cameronne

A New Zealand appeals court has ruled that common fund orders can be made in class actions, even at the early stages, departing from the High Court of Australia in finding the commercial viability of a proceeding enhances access to justice.Ā 

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BHP class action to take fresh look at pleadings after failure of CBA cases
Class Actions 2024-07-18 1:28 pm By Cindy Cameronne

A shareholder class action against BHP has sought more time to finalise its pleadings ahead of trial, after a judge threw out two class actions against the Commonwealth Bank that also alleged continuous disclosure breaches.

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Second highest contingency fee wins OK in class action against FleetPartners
Class Actions 2024-06-26 11:04 pm By Christine Caulfield

Previously noting the rate was “well outside the median range”, a judge has made an order granting the second highest contingency fee to a law firm running a shareholder class action against vehicle company FleetPartners Group, saying he was satisfied the group costs order was appropriate and necessary.

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Worley wants new bench in second shareholder class action appeal
Class Actions 2024-06-21 11:45 pm By Andy Sidler

Counsel for Worley in a nine-year-old shareholder class action that is set for another Full Court appeal has foreshadowed a possible recusal application against the judges who heard the first appeal.

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Mired in interlocutory skirmishes, protracted BHP class action just got more entangled
Class Actions 2024-06-20 11:48 pm By Christine Caulfield

BHP wants to appeal a decision giving a class action the OK to fix what a judge accepted was an “inadvertent mistake” that resulted in a ruling — itself the subject of an appeal — which limited the group member definition.

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SkyCity hit with $67M penalty in AUSTRAC case
AUSTRAC 2024-06-07 2:11 pm By Andy Sidler

A judge has ordered SkyCity to pay a $67 million penalty in AUSTRACā€™s case alleging it allowed $4 billion in suspicious transactions, finding it was an “appropriate” sum, even when compared with the $450 million fine handed to Crown last July.

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Class action against BHP can amend shareholder group after ‘inadvertent mistake’
Class Actions 2024-06-06 1:20 pm By Sam Matthews

The judge overseeing a six-year-old class action against BHP over the collapse of a Brazilian dam has allowed the applicant to retroactively amend the group definition, accepting that a pleading mistake was contrary to the intended class membership in the case.

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