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Appeals court asked to decide if GCO can ā€˜travelā€™ in Arrium class action
Class Actions 2023-02-22 2:10 pm By Cindy Cameronne

A judge has referred to an appeals court the question of whether a group costs order can “travel”, as KPMG continues to push to transfer a shareholder class action over the collapse of mining company Arrium to New South Wales.

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Uber loses bid to pare back taxi driver class action
Class Actions 2023-02-20 10:34 am By Sam Matthews

A judge has dismissed Uberā€™s application to trim down a class action brought by taxi and hire car drivers in four states over the introduction of UberX, finding that cutting claims related to the hire care driver group would cause “real prejudiceā€.

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Ex-Nuix director wants class action shelved until ASIC case wraps up
Class Actions 2023-02-02 4:12 pm By Sam Matthews

A former Nuix director has made a bid to stay a shareholder class action, which accuses the software company of failing to alert the market to red flags in the business, pending the outcome of separate proceedings by ASIC.

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Fees, commission to eat up almost half of $25M Fonterra class action settlement
Class Actions 2023-01-19 2:46 pm By Sam Matthews

Group members in a class action against Fonterra are set to reap about $13 million from a $25 million settlement reached with the dairy company, following deductions including the costs of the litigation funderā€™s after-the-event insurance.

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KPMG’s push to move Arrium class action to NSW goes south
Class Actions 2022-11-18 11:43 pm By Christine Caulfield

The High Court has dismissed an application by accounting giant KPMG to transfer a class action over the collapse of mining company Arrium from Victoria to NSW.

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No contradictor in law firmā€™s second bid for GCO in ANZ, Westpac class actions
Financial Services 2022-11-18 5:16 pm By Cindy Cameronne

ANZ and Westpac have failed in their bid for a contradictor to weigh in on a contingency fee bid in two class actions, as the law firm that lost the first ever application for a group costs order tries again.

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Nuix drags PwC into shareholder class action over $1.8B IPO
Corporate 2022-11-09 11:41 pm By Christine Caulfield

Nuix has pointed the finger at its accountant PricewaterhouseCoopers in the software company’s defence to a class action over a prospectus for its $1.8 billion IPO two years ago.

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Court approves GCO in Noumi class action but may review lawyers’ cut
Class Actions 2022-11-08 10:40 pm By Sam Matthews

A judge has signed off on a group costs order in a shareholder class action against food company Noumi and auditor Deloitte guaranteeing group members a return of at least 78 per cent, but noted the law firms’ cut may need to be reviewed to avoid a “disproportionate return”.

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Fonterra to pay $25M to settle class action over slashed milk prices
Class Actions 2022-11-04 12:13 pm By Cindy Cameronne

Fonterra has agreed to shell out $25 million to settle a class action by dairy farmers alleging they were underpaid when Fonterra slashed milk prices and sought a ā€œclawbackā€ in 2016.

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Allianz to see law firmsā€™ ATE policy in class action over ‘junk’ car insurance
Insurance 2022-11-04 2:47 pm By Cindy Cameronne

The applicants in a consumer class action against Allianz have been ordered to produce an insurance policy that covers them for the risk of losing the case, which the insurer says will inform its bid for security for costs.

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