The applicant in a class action against Blue Sky Alternative Investments and auditor EY has raised an “often overlooked” principle to challenge the separate legal representation of two of the company’s directors, dodging applications for almost $15 million in security – for now.
A judge has approved a $22 million settlement in a class action on behalf of a First Nations community that alleges their land was contaminated by toxic firefighting foam at a military base in Jervis Bay, citing the “very real” risks the case would face at trial.
A shareholder class action against KPMG and the directors of defunct mining company CuDeco is seeking insurance information and a limited number of documents from the directors ahead of mediation, to avoid a “train wreck” of a case, a court has heard.
A judge has avoided a fight “with the High Court written all over it” over whether an investor class action against Blue Sky Alternative Investments and auditor EY can join four insurers to the case.
The last remaining class action against the Department of Defence over the use of alleged toxic firefighting foam at a military base in Jervis Bay has settled for $22 million, from which $5 million will be deducted for legal costs.
A judge overseeing a class action by family members and deceased estates of the Northern Territory Stolen Generations, which settled for $50.45 million, has said the case was a “positive example” of representative actions.
Payments processing company EML has hit back at a shareholder class action over its alleged failure to disclose Ireland central bank’s concerns about its anti-money laundering and counter terrorism financing compliance, claiming swathes of the case are liable to be struck out.
One of the two remaining class actions against the Department of Defence over the use of alleged toxic firefighting foam at military bases across the country has settled for $132.7 million on the eve of trial, with the final case going back to mediation.
Unless the parties can reach a last minute settlement over the weekend, trial in a class action against the Department of Defence over the use of alleged toxic firefighting foam at military bases across the country will begin Monday.
A judge has expressed his “frustration” that a class action against the government over the use of alleged toxic firefighting foam has not settled despite the resolution of similar group proceedings almost three years ago.