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High Court asked to overrule Brewster in solicitors’ CFO case
Class Actions 2024-09-24 3:34 pm By Sam Matthews

If it takes up the Federal Court’s ruling in favour of solicitors seeking to earn a cut from a class action, the High Court will be asked to overrule its 2019 decision against common fund orders.

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‘Horse has bolted’: Judge declasses COVID-19 insurance class actions
Insurance 2024-09-23 11:14 pm By Cindy Cameronne

Four proceedings over COVID-19 business interruption losses will be stripped of class action status, with a judge saying most of the common issues were already determined in test cases.

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CBA class actions win halt to costs battle pending appeal
Appeals 2024-09-23 2:45 pm By Cindy Cameronne

Applicants in two dismissed class actions against the Commonwealth Bank have secured an order staying an assessment of costs in the failed cases until the outcome of an appeal.

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Failed CBA class actions want to stay fight over costs
Class Actions 2024-09-19 3:26 pm By Cindy Cameronne

Two failed shareholder class actions against the Commonwealth Bank of Australia want to delay paying the bank’s costs until after their 62-ground appeal is heard.

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Boral class action trial paused as appeal flagged over questioning of ex-CEO
Trials 2024-09-11 3:35 pm By Christine Caulfield

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.

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Blue Sky directors may be ‘dragged back’ into shareholder class action, court told
Class Actions 2024-09-11 11:07 pm By Cindy Cameronne

Three former Blue Sky directors who were originally named in a shareholder class action against the collapsed fund manager might be “dragged back” into the case after its chief operating officer pointed the finger at him in his defence, a court has heard.

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Class action can grill Boral boss over email reference to EY’s dismal take on US biz
Trials 2024-09-10 3:13 pm By Christine Caulfield

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.

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Judge rejects NAB’s bid for class closure in Walton class action
Class Actions 2024-09-03 1:43 pm By Sam Matthews

The judge overseeing an $100 million class action against NAB over the collapse of Walton Construction has rejected the bank’s bid for soft class closure ahead of mediation.

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Second class action against Quintis wants settlement half to cover legal costs
Class Actions 2024-09-02 11:02 pm By Christine Caulfield

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.

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Class action firms can breathe easier after first contingency fee win
Class Actions 2024-08-28 1:59 pm By Cindy Cameronne

Class action settlement approval hearings are not a time for the court to second guess a law firm’s contingency fee as set down in a group costs order, a judge has found, but the question of proportionality is still key, and evidence of a firm’s return on investment and hourly fees may be relevant to the final decision.

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