Settlement

Defunct Westpac subsidiary RAMS Financial Group has agreed to settle a class action over the termination of franchise agreements.

A law firm has won a 39 per cent cut of a $27 million class action settlement with vehicle leasing company FleetPartners, the largest contingency fee percentage awarded to date.

REA Group's listings site will no longer require agents to provide it with all or most of their listings, after the ACCC expressed concerns the restrictive contract terms could breach competition laws.

Australian Super has agreed to pay a $30 million fine in ASIC proceedings over delays in processing almost 7,000 death benefit claims, but a judge has said he does not have enough information to approve the deal. 

Perth Airport will pay United Petroleum $8.7 million after the company built a larger petrol station on the basis of the airport's representations that the Qantas terminal would be relocated. 

Maurice Blackburn is seeking to increase its cut of an $87 million settlement in a class action against Hino after a court slashed the payout by $10 million.

Oil and gas company Beach Energy has agreed to pay $43. 5 million to settle a shareholder class action on the eve of trial.

Instagram owner Meta has settled a competition case brought by a marketing company that alleged the social media giant engaged in anti-competition conduct when it barred the start-up from accessing the platform in 2019.

A judge has signed off on a partial settlement in a class action brought by the owners of lots in an allegedly shoddy townhouse development in Sydney.

A former partner at BlackBay Lawyers has settled his dispute with the Sydney defamation firm.