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4 ways the High Court could go on CFOs
Class Actions 2025-03-04 11:27 pm By Christine Caulfield

As the High Court hears oral arguments this week on the reach of power to make common fund orders for firms and funders bringing class actions, Lawyerly gives a cheat sheet on what the justices could do.

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$20M settlement in NAB class action OK’d despite concerns over lawyersā€™ fees
Class Actions 2025-02-26 10:14 pm By Sam Matthews

A judge has approved a $20 million settlement in a class action against NAB, despite initial concerns about the ā€œmoral hazardā€ of paying fees incurred by the applicant’s former lawyers to prepare ā€œsub-optimal pleadingsā€.

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EML wins extra time to respond to class actionā€™s ‘new case’
Class Actions 2025-02-20 4:54 pm By Sam Matthews

Payments processing company EML has won more time to respond to a new pleading in a shareholder class action over its alleged failure to disclose Ireland central bankā€™s concerns with its anti-money laundering compliance.

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Judge complains of ‘spiralling costs’ of expert evidence in class actions
Class Actions 2025-02-11 11:41 pm By Christine Caulfield

In deciding an evidentiary dispute in a shareholder class action against building materials giant Boral, a judge has sounded off over the increasing costs of expert evidence produced in group proceedings.

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Construction PRO
Judge allows tweaks in case against CBA, Westpac over financing for Perth development
Construction 2025-02-11 11:54 pm By Andy Sidler

A guarantor of developer Westgem Investments can amend her claim against Westpac and the Commonwealth Bank related to the financing for a commercial development in Perthā€™s Raine Square.

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‘Nonsensical’: Class action slams claim that judge appears biased against corporations
Class Actions 2025-01-29 11:52 pm By Cindy Cameronne

A shareholder class action has slammed as “nonsensical” Fletcher Buildingā€™s claim that a judgeā€™s public comments in his previous role at Maurice Blackburn created an appearance of bias against corporate defendants.

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Class action judge grills Fletcher Building on recusal bid
Class Actions 2025-01-28 11:37 pm By Cindy Cameronne

A judge who was previously the head of class actions at Maurice Blackburn has questioned a bid by Fletcher Building that he recuse himself from presiding over a shareholder case against the construction company.

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Judge trims funder’s cut in $38M Mayne Pharma class action settlement
Class Actions 2025-01-07 11:04 am By Cindy Cameronne

A judge has signed off on a $38 million settlement in a shareholder class action against Mayne Pharma but has slashed a 27.9 per cent commission for the funder that backed the case. Victorian Supreme Court Justice Andrew Watson approved the settlement on 19 December, including $6 million in legal costs and a 25.7 per…

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Law firm can’t dodge $5.4M security in Macquarie class action
Class Actions 2025-01-06 7:24 pm By Cindy Cameronne

Maurice Blackburn is stuck paying $5.4 million in security in a flex commissions class action against Macquarie, with a judge saying it represents a ā€œbusiness risk willingly undertakenā€.

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Top 10 class action settlements of 2024
Class Actions 2025-01-03 7:25 pm By Cindy Cameronne

Class action settlements leaped in value last year, with three settlements topping the $200 million mark.

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