Macquarie Leasing has been let off the hook in a class action alleging that a flex commissions scheme by ANZâs former car finance business encouraged dealers to set car loan rates far in excess of base rates in exchange for large kickbacks.
A shareholder class action against Treasury Wine Estates has won access to information said to prove there were reduced wine sales in the United States, with a judge finding the wine producer’s redactions of board papers were ânot justifiedâ.
A judge deciding one of the first ever applications by a law firm for a percentage cut of a class action will have to determine whether Victoria’s ground-breaking contingency fee legislation allows a group costs order to operate with a sliding percentage return.
Two law firms are joining forces in the hopes of winning a contest of competing securities class actions against technology company Nuix over its $1.8 billion IPO.
A fight over the venue for a class action against KPMG by investors in the collapsed mining company Arrium has been taken to the High Court, and at the centre of the battle is a contingency fee order made in the case.
A judge overseeing a shareholder class action against Crown Resorts has ordered the casino giant to give details of board members’ knowledge about two bank accounts which were allegedly used to launder hundreds of millions of dollars.
Car dealers that have brought a class action against General Motors over its decision to retire the Holden brand in Australia rejected offers of compensation totaling close to $5 million, according to court documents.
A judge has approved a 40 per cent group costs order for the law firm that’s running a class action against KPMG and former directors of collapsed mining company Arrium, the highest approved since the state began allowing lawyers to earn a cut of class action awards.
General Motors Holden Australia has denied that it owes compensation to Holden dealers over its decision to retire the iconic brand in Australia, and says its dependence on other GM units to supply the cars constituted “an event beyond its reasonable control”.
A judge has approved a bid by group members to discontinue a class action alleging pharmacy giant Priceline exercised an “overly prescriptive level of control” on franchisees which limited their profitability, saying it was unlikely to succeed with a litigation funder.