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4 ways the High Court could go on CFOs
Class Actions 2025-03-04 11:27 pm By Christine Caulfield

As the High Court hears oral arguments this week on the reach of power to make common fund orders for firms and funders bringing class actions, Lawyerly gives a cheat sheet on what the justices could do.

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$20M settlement in NAB class action OK’d despite concerns over lawyers’ fees
Class Actions 2025-02-26 10:14 pm By Sam Matthews

A judge has approved a $20 million settlement in a class action against NAB, despite initial concerns about the “moral hazard” of paying fees incurred by the applicant’s former lawyers to prepare “sub-optimal pleadings”.

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Court rejects NAB super trustee’s bid for first-ever class action indemnity costs
Class Actions 2025-02-26 4:38 pm By Cindy Cameronne

A court has refused to order the applicant in a failed class action against NULIS Nominees to pay indemnity costs, but has confirmed that so-called Calderbank offers can operate in group proceedings.

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Allergan may bring ‘state of the art’ defence in breast implants class action
Class Actions 2025-02-20 10:35 pm By Andy Sidler

US drug maker Allergan may defend a class action over recalled textured breast implants by arguing its knowledge of the alleged defects was limited by the state of scientific knowledge at the time the products were made.

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Class action fends off Clydesdale Estate liquidator’s bid to ‘destroy’ claim
Class Actions 2025-02-19 11:18 pm By Cindy Cameronne

A class action on behalf of people who purchased off-the-plan homes in the Clydesdale Estate in north-west Sydney has won a dispute with the liquidator for the collapsed developer.

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NAB super fund trustee says failed class action rejected $25M offer
Financial Services 2025-02-12 2:42 pm By Cindy Cameronne

Former NAB superannuation fund trustee NULIS is seeking the first ever award of indemnity costs in a class action that flopped following the rejection of a settlement offer.

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Insurer AAI can’t escape combustible cladding class action
Appeals 2025-02-05 3:00 pm By Cindy Cameronne

AAI has lost its bid to appeal an order joining it to a class action over alleged combustible cladding installed at two high-rise towers in Liverpool, NSW. 

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Slashing funder’s stolen wages cut could deter public interest cases, court told
Class Actions 2024-12-17 11:59 pm By Sam Matthews

Funder LLS has urged the court to approve its 20 per cent cut of a $202 million settlement in a stolen wages class action, saying that reducing the “bottom end” rate could deter investments in public interest class actions.

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Mesoblast class action settlement wins court OK
Class Actions 2024-12-16 11:17 pm By Christine Caulfield

A court has approved a $26.5 million settlement in a shareholder class action against regenerative medicine company Mesoblast.

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Funder’s cut in NT stolen wages class action should be capped, court told
Class Actions 2024-12-11 3:03 pm By Sam Matthews

The Commonwealth says funder LLS should not be allowed a 20 per cent cut of a stolen wages class action settlement of up to $202 million, arguing it could produce an “excessive deduction”.

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