Settlement

A pro-Israel activist has been hit with indemnity costs after a judge found a settlement deed with Newtown, Sydney restaurant Cairo Takeaway had been breached when his solicitor leaked details of the agreement to journalists.

Commonwealth Bank and its former wealth management arm Colonial First State have agreed to pay $249 million to settle a class action worth $900 million that would have tested a novel theory of corporate responsibility with implications for companies’ use of AI.

A judge has criticised the principal of boutique firm Adero Law for not doing enough to contact group members to share in a $19.25 million settlement in an underpayments class action against hospitality giant Merivale, including conducting a Google search.

Roadside assistance company NRMA has resolved a Fair Work case by a former in-house lawyer who alleged she was dismissed after making a whistleblower complaint.

A law firm that ran a consumer class action by franchisees will recover less than a third of the costs it incurred in running the case after a small settlement was reached.

A class action over Victoria's hotel quarantine debacle that settled for $125 million will seek a record $37.5 million cut for law firm Quinn Emanuel and $250,000 payment for the lead applicant, which was subjected to "public ridicule and hatred" during the matter.

The plaintiff in a class action on behalf of Sydney homeowners who allege their homes are sinking into the ground has flagged a potential fight over the funder’s cut and legal fees to be deducted from an $18 million settlement.

The funder that bankrolled a settled shareholder class action against directors of collapsed mining company CuDeco and KPMG may face a haircut to its proposed 35 per cent commission after a contradictor was appointed to scrutinise the reasonableness of the rate.

Ainsworth Game Technology will pay $8.5 million to settle a brewing patent dispute with rival poker machine maker Aristocrat, following a landmark appeals court ruling last year.

A class action on behalf of Sydney homeowners who allege their homes are sinking into the ground has settled for $18 million, with a judge hearing numerous group members will not receive a payout.