The Full Federal Court is set to hear appeals in four class actions in the August sitting, giving the court a chance to address important issues, including cost-capping in joint class actions and security for costs in unfunded cases. Here, we give you the run-down on each of the upcoming challenges.
Construction giant Lendlease has filed its defence in one of two shareholder class actions filed against it, saying any losses investors allegedly suffered were wholly or partly due to their own failure to take reasonable care.
The former partner of Westpac-backed venture capital firm Reinventure Group has been ordered to appoint an independent valuer to clarify the claimed loss against her former employer before the parties enter mediation.
US investment manager State Street Global Advisors claims it lost out on royalties when Maurice Blackburn commissioned an allegedly infringing replica of its iconic Fearless Girl statue in New York City, a marketing phenomenon that has been estimated to be valued at up to $38.6 million.
Australian stevedoring company DP World has won an interim bid to stop a âgo slowâ at its container terminal in the Port of Melbourne, after a judge found a âseriously arguableâ case that the CFMEU was behind the unprotected industrial action.
The applicants in the Radio Rentals class action have won access to the companyâs excess layer insurance policies, amid concerns that group membersâ losses from the allegedly misleading âRent, Try, $1 Buyâ program could surpass $100 million.
A judge overseeing a consolidated shareholder class action against logistics company Brambles has expressed frustration with the parties, who are locked in an unresolved discovery battle three months after his order consolidating the litigation.
Customers of mortgage lending and investment firm RMBL say they were âshockedâ when the companyâs chief financial officer allegedly called them to say âhe hopedâ they would opt out of an excessive fees class action that had been filed against the firm.
The Federal Government will introduce legislation Thursday that would ban the grandfathering of conflicted remuneration for financial advisors, after the banking royal commission suggested scrapping the practice.
A class action has been filed against a NSW state government-controlled entity over Sydneyâs scandal-plagued Opal Tower, in a claim that is expected to seek millions of dollars of compensation on behalf of hundreds of apartment owners.