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The funder that backed a class action against McMillan Shakespeare over 'illusory' car warranties, which settled for less than 20 per cent of the $47.6 million claim value, will seek court approval for a 30 per cent cut of the $9.5 million settlement.
The Federal Government has critised as "hopelessly defective" a lawsuit alleging it failed to disclose the impacts of climate change to investors in sovereign bonds, and the judge overseeing the matter has also raised concerns about the case.
Litigation funder Augusta Ventures has won its challenge to a landmark ruling that it pay $3.1 million in security for the costs of two Fair Work class actions it is financing on behalf of casual mine workers.
The Australian maker of a trendy neoprene handbag sold at high-end retailers has lost a copyright lawsuit over alleged knockoffs, with a judge finding the tote was at most an "evolution in styling" and not a work of artistic craftsmanship with copyright protection.
The eyes of class action lawyers will be on the High Court Tuesday as it hears arguments over a judge's power to choose a single class action among competing proceedings and what, if anything, should be made of a case's funding structure and likely returns to group members when picking a winner.
The lead applicant in a $47.6 million class action against McMillan Shakespeare over 'illusory' car warranties will seek court approval for a $9.5 million settlement, less than 20 per cent of the claim value.
A judge has denied Fuji Xerox's attempt to strike out parts of the defences of Ernst & Young and a former Fuji director in a lawsuit over alleged massive accounting irregularities.
Mining giant Glencore has mostly defeated an appeal by the Australian Taxation Office in their tax fight, and will only have to pay $2 million of a $92 million bill relating to the sale of copper from a mine in Cobar, NSW.
Aircraft engineers for Qantas are challenging a ruling that the airline had no "genuine choice" when it stood them down in March during the COVID-19 pandemic.
Billionaire Clive Palmer has lost his challenge to Western Australia's COVID-19 border lockdown, with the High Court tossing the case after finding the state's measures were constitutionally valid.