In a highly unusual move, the applicant in an employment class action against hospitality giant Merivale has reneged on an $18 million settlement, saying a jump in group member registration since the deal was struck means the sum would no longer win court approval.
A judge has signed off on a $16 million settlement in a class action against Dixon Advisory, but the funder of a competing case that was stayed after losing a beauty parade has earned a fragment of the $1 million it sought from the resolution sum.
A hearing in a class action to determine the extent of lost sales suffered by cattle exporters following a ban on live exports has been set down for April next year, making the case the oldest unresolved class action on the Federal Court docket.
PricewaterhouseCoopers has been sued by an employee who alleges the accounting firm is vicariously liable for an alleged sexual assault by a co-worker after an end-of-financial-year work party.
A funder that bankrolled a class action that was stayed against Dixon Advisory has argued it should receive $969,000 from a $16 million settlement reached in the competing proceedings that went ahead, saying its costs were spent to protect group membersâ interests.
A judge has rejected sweeping suppression orders sought by the founders of vitamin giant Natureâs Care over documents in a $200 million tax debt stoush with the Deputy Commissioner of Taxation, instead making limited suppression orders in light of the âseriousâ allegations made in the case.Â
Merivale will fork over $18 million in a proposed settlement to resolve an employment class action against the hospitality giant, of which $8.6 million is sought to be deducted in legal fees and a funder’s commission.
A litigation funder must pay indemnity costs to CoreLogic after bankrolling a photographerâs unsuccessful copyright claim against the property data analytics company, with an appeals court finding it pursued the litigation for its own personal gain.
Ernst & Young has won a temporary stay of a lawsuit by Billabong founder Gordon Merchant alleging the firm gave negligent advice on how to structure the 2015 sale of bio plastics manufacturer Plantic Technologies.
Wealth manager E&P Financial Group has agreed to a $16 million settlement in a class action by Dixon Advisory clients who allege they suffered financial loss when the firm and its directors encouraged the purchase of high risk securities.