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IC Markets wants deadline on class action’s search for sample group member
Class Actions 2025-04-14 12:18 pm By Christine Caulfield

Brokerage firm International Capital Markets says a class action over risky financial products must put up or shut up when it comes to claims in the case that neither applicant has standing to bring.

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Funder in spat with WestConnex class action applicants can’t dodge costs
Class Actions 2025-04-14 11:39 pm By Christine Caulfield

That it once had a $100,000 bank cheque is not sufficient evidence to prove a funder behind a class action over the $16 billion WestConnex tunnel can meet a costs order in a feud with the applicants, an appeals court has said.

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Law firm left ‘boxing at shadows’ ahead of Hyundai, Kia class action fight
Class Actions 2025-04-11 4:00 pm By Sam Matthews

Applicants in class actions against Hyundai and Kia have complained they are being left in the dark about whether a competing set of cases will amend their pleadings ahead of next month’s law firm carriage fight.

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Judge wants more than ‘bland’ claim of defects in Hyundai, Kia class actions
Class Actions 2025-04-10 1:32 pm By Christine Caulfield

Class actions against Hyundai and Kia say they need a third round of document discovery, two years into the cases, but a judge has said the applicants should first detail the alleged engine defects at issue.

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Firm, funder set to take half of AIG settlement in Linchpin class action
Insurance 2025-04-10 3:16 pm By Christine Caulfield

Details of a settlement with AIG in a class action by investors in failed Linchpin reveal the insurer has paid out all of a $10 million policy and will hand over another $2.15 million in interest and costs.

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Funder’s CEO told female director to ‘make way for thrusting young bucks’, suit says
Discrimination 2025-04-09 1:32 pm By Christine Caulfield

The CEO of litigation funder Woodsford told a female director to swallow her “pride and ego” and make way for a younger, male collague, a new lawsuit claims.

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Westpac looks to shield Allens chronologies in AUSTRAC class action
Class Actions 2025-04-09 11:09 pm By Andy Sidler

Westpac is arguing timelines prepared by law firm Allens are privileged and should not be handed over in a shareholder class action over its alleged lax compliance with anti-money laundering laws.

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Hyundai, Kia class action firm can’t escape costs of withdrawn appeals
Appeals 2025-04-09 3:37 pm By Andy Sidler

Applicants in class actions against Hyundai and Kia over alleged defective braking will pay the car manufacturers’ costs incurred for abandoned appeals, despite arguing the appeals were overtaken by subsequent events.

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Class action funder faces unfair dismissal suit by ex-director
Class Actions 2025-04-08 11:47 pm By Christine Caulfield

A UK-based litigation funder has been hit with a lawsuit by its Australian director and head of origination claiming dismissal in breach of the Fair Work Act.

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CIMIC class action funder takes $4.7M haircut from commission
Class Actions 2025-04-08 11:56 pm By Christine Caulfield

The litigation funder behind a class action against engineering firm CIMIC took a $4.7 million hit to its commission from a settlement after a dispute with the plaintiff’s law firm, according to a decision published Friday.

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