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Costs in class actions getting ‘out of control’, judge says
Class Actions 2023-06-16 10:52 pm By Sam Matthews

A judge overseeing a $192.5 million settlement in an oil spill class action against PTTEP Australia on behalf of Indonesian seaweed farmers has balked at the “very large” costs sought by Maurice Blackburn for administering the deal, expressing concerns that class action costs are “getting out of control”.

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Law firm investigating class action against Salt Lake Potash, auditor EY
Class Actions 2023-06-16 11:41 pm By Gareth Baker

A law firm is probing a shareholder class action against former ASX-listed Salt Lake Potash and auditor EY, alleging the company failed to disclose material information about its financial position before entering receivership in late 2021.

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$47M settlement in ANZ credit insurance class action reasonable, judge says
Financial Services 2023-06-16 4:37 pm By Christine Caulfield

A $47 million settlement in a class action against ANZ — one of three settlements in a series of class actions against the big banks over ‘junk’ consumer credit insurance — was fair and reasonable, a judge has said.

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Judge signals approval of class action settlement with Linchpin directors
Class Actions 2023-06-16 11:55 pm By Sam Matthews

A settlement with directors in an investor class action brought over the collapse of advisory firm Linchpin Capital is in the interests of group members, a judge has said.

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Repatriating Aussies detained in Syria ‘easy to do’, top judge told
Human Rights 2023-06-16 11:24 pm By Gareth Baker

A human rights group has told the Federal Court it will file for habeas corpus in a bid to compel the federal government to bring home Australians stuck in Syrian detention camps, with eight women, all Australian citizens, and 18 children being held in Camp Roj in the country’s northeast. 

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Bid for security in Shine’s no win, no fee cruise class action may not be ‘hopeless’
Class Actions 2023-06-15 11:47 pm By Cat Fredenburgh

Shine Lawyers has been ordered to hand over its costs agreement with the lead applicant in a class action over norovirus outbreaks on Carnival’s Sun Princess cruise ship, amid a likely plan by the cruise operator to seek security for costs in the no win, no fee class action.

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Judge mulls contradictor over ATE costs in super class action against Westpac
Class Actions 2023-06-15 5:11 pm By Sam Matthews

A judge overseeing a superannuation class action against two Westpac units that settled for $30 million has flagged the possibility of appointing a contradictor to examine the litigation funder’s claimed cut of the settlement, which includes a deduction of over $1 million to cover the costs of after-the-event insurance.

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Full Court won’t weigh in on ASIC’s power to seek penalties for Credit Code violations
Financial Services 2023-06-15 10:00 pm By Gareth Baker

Sunshine Loans has lost its bid to have the Full Court weigh in on ASIC’s authority to seek penalties for Credit Code violations, in proceedings accusing the online lender of charging over $320,000 in prohibited fees. 

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Law firm Harmers wins strike-out bid in negligence suit by solicitor
Professional Negligence 2023-06-15 11:02 pm By Cat Fredenburgh

Harmers Workplace Lawyers has won its bid to strike out a statement of claim by a client and lawyer who is suing the firm for negligent advice, but a court has given the solicitor a chance to replead his case.

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AGL Energy accused of ‘gaming’ SA electricity market
Article 2023-06-15 11:18 pm By Cat Fredenburgh

A class action against AGL Energy alleges the Big three energy supplier’s adoption of “gaming” strategies in the supply of electricity in South Australia led to anomalous price spikes in the state.

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