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‘Harsh and draconian’: Judge shoots down bid for class closure in combustible cladding action
Class Actions 2020-06-01 8:38 pm By Miklos Bolza

A court has dismissed a “harsh and draconian” class closure order sought by German cladding manufacturer 3A Composites in a class action against it over allegedly combustible cladding.

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Judge awards $253,000 to lead plaintiff in Queensland floods class action
Class Actions 2020-05-29 3:28 pm By Miklos Bolza

The lead plaintiff in the Queensland floods class action has been awarded more than $253,000 in compensation from the state government and two dam operators, which were found to have been jointly liable for damage from the 2011 disaster which destroyed 2,000 homes.

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IOOF follow-on shareholder class action flops
Financial Services 2020-05-25 4:13 pm By Christine Caulfield

Eight months after defeating a case brought by the prudential regulator alleging breaches of superannuation laws, wealth manager IOOF has escaped a class action without paying a cent to shareholders.

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Seek hits immigration law firm with trade mark lawsuit
Intellectual Property 2020-05-20 3:08 pm By Cat Fredenburgh

A Melbourne-based immigration law firm has been dragged into court by job search platform Seek for alleged flagrant violations of its trade marks.

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3A Composites fights for class closure order in combustible cladding action
Class Actions 2020-05-19 4:02 pm By Miklos Bolza

German cladding manufacturer 3A Composites is pushing forward with a bid to close a class action over allegedly combustible cladding to registered group members, arguing that a recent appeals court decision does not bar class closure in this case.

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Virgin administration a billables bonanza for top firms
Clayton Utz 2020-05-18 3:44 pm By Alison Eveleigh

The Virgin Australia administration continues to boost billables at the top end of town, with a short list of ā€œwell-fundedā€ buyers revealed on Monday and an intense four weeks ahead as the bidders and their law firms scramble to make binding offers by the mid-June deadline.

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Judge OKs $49.5M settlement in NAB class action
Financial Services 2020-05-08 6:29 pm By Alison Eveleigh

A judge has signed off on a $49.5 million settlement in a class action against National Australia Bank over ā€˜junk insuranceā€™, including millions in fees for the firm that brought the case on a no-win, no-fee basis, despite calling the settlement sum a ā€œsubstantial compromiseā€.

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Vocus ruling cements return to class action book building by funders
Analysis 2020-05-05 10:37 pm By Christine Caulfield

A decision this week rejecting a proposed common fund order at the settlement approval stage of a class action against teleco Vocus has dashed the hopes of litigation funders that a recent High Court ruling would not foreclose on judges using discretion at the end of a case and will cement a return to bookbuilding and a focus on shareholder class actions by institutional investors.

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Law firm faulted for ‘opaqueness’ over number of toxic foam class actions to be filed
Class Actions 2020-04-30 11:00 pm By Miklos Bolza

Responding to a judge’s criticism that he had been “fobbed off” about how many PFAS class actions it expected to file, Shine Lawyers has said it has no current plans to bring more cases against the Department of Defence over the toxic foam.

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Queensland says state should pay just 1% of flood class action damages
Class Actions 2020-04-29 4:54 pm By Miklos Bolza

The Queensland government is seeking court orders that put dam operators Seqwater and Sunwater on the hook for the vast majority of damages after a class action judgment found negligence in the lead up to the state’s 2011 floods that destroyed 2,000 homes.

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