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Carnival keeps up fight to exclude foreign passengers from class action
Competition & Consumer Protection 2021-10-06 5:44 pm By Christine Caulfield

Carnival has launched a challenge to last month’s court finding that overseas passengers could remain group members in a class action over the 2020 Ruby Princess COVID-19 outbreak.

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a2 Milk to fight shareholder class action
Class Actions 2021-10-06 9:54 pm By Christine Caulfield

Dairy company a2 Milk has denied liability to shareholders in a class action over its 2021 financial year guidance that preceded four earnings downgrades.

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Insurers accused of misleading policyholders in COVID-19 insurance class actions
Insurance 2021-10-05 2:36 pm By Bianca Hrovat

Insurers are misleading policyholders about class actions which seek compensation for those denied business interruption coverage for COVID-related shutdowns, a court has heard.

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a2 Milk hit with shareholder class action over earnings downgrades
Class Actions 2021-10-05 10:12 pm By Cat Fredenburgh

Slater & Gordon has filed a shareholder class action against the a2 Milk company over its 2021 financial year guidance, and four subsequent earnings downgrades.

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Colonial must give class action info on financial position after ‘unsatisfactory’ liability transfer
Financial Services 2021-10-05 2:11 pm By Cindy Cameronne

A judge has told a Colonial First State Investments unit to provide information about its financial position to the lead applicant in a class action and criticised the company for failing to disclose that it had transferred its liabilities after the class action was launched.

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Philips faces class action over ‘defective’ sleep therapy machines
Class Actions 2021-10-05 12:44 pm By Cat Fredenburgh

Health tech giant Philips Electronics has been hit with a class action on behalf of consumers who say they have suffered injury and economic loss from using sleep apnea machines with an alleged safety defect that caused them to inhale dangerous chemicals and degrading foam particles.

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AMP may try to stay financial planner’s lawsuit in light of BOLR class action
Financial Services 2021-10-05 1:21 pm By Miklos Bolza

AMP has flagged a potential stay of a lawsuit filed by a Sydney-based financial planner against that overlaps with a class action brought by advisors alleging they suffered financial losses from changes in the company’s buyer of last resort policy.

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New class action bill is ‘sabotage not reform’, lawyers say
Class Actions 2021-09-30 5:30 pm By Christine Caulfield

Law firms have railed against proposed legislation to ensure group members receive 70 per cent of any recoveries from class actions, saying the reforms were designed to “cripple” group proceedings.

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Bill caps class action returns to funders, lawyers at 30%
Class Actions 2021-09-30 12:17 pm By Miklos Bolza

The Morrison government has released draft legislation claimed to “promote a fair and reasonable distribution of class action proceeds” that includes a proposed 30 per cent cap on the amount funders and lawyers can recoup.

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Firm investigating Blue Sky class action wants insurance info lest case is ‘waste of time’
Class Actions 2021-09-30 9:17 pm By Miklos Bolza

A law firm representing a property developer in an investigation of a potential class action against failed asset manager Blue Sky Alternative Investments is seeking access to the firm’s insurance documents to decide whether it is “worthwhile” to launch proceedings.

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