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Judge frowns on survey to determine CBA’s liability in rest break case
A judge has questioned the Finance Sector Union’s idea to use a survey to gather evidence about 3,000 employees who claim the Commonwealth Bank of Australia failed to provide them with paid rest breaks for at least six years.
BSA can ringfence $13M capital raising from $20M class action payout
Telco contractor BSA has won a bid to ringfence a $13 million capital raising from a $20 million settlement reached with group members in a Shine Lawyers-led class action accusing the company of misclassifying its workforce of technicians as independent contractors.
Funder drops ‘uneconomic’ GST class actions after High Court snubs special leave bid
A judge has signed off on the discontinuance of two class actions against Canberra property developers for allegedly misleading investors about GST on their apartments, after the High Court declined to review a ruling that made the cases "uneconomic" for the funder to pursue.
Volt Bank faces class action investigation into fund raising
Failed neobank Volt is facing an investor class action investigation over representations made in a series of funding rounds that raised $219 million before announcing last week that it would shut its doors.
St Basil’s charged over deadly COVID-19 outbreak
Melbourne-based aged care facility St Basil's has been hit with nine charges by the state's workplace safety watchdog over a COVID-19 outbreak that resulted in 45 resident deaths.
Litigation funder shareholders battle over ownership
Litigation funder Embedded Claims has filed court proceedings against one of its shareholders after its former bankrupt director “ineffectively” transferred off half of his shares.
Judge approves $4.7M Quintis class action settlement
A judge has signed off on a $4.7 million settlement in two investor class actions against collapsed sandalwood producer Quintis, two year after an earlier settlement was scuttled as group members kicked off an insurance dispute in pursuit of a better return.
After ‘very unfortunate’ loss, Carwoola bushfire class action dodges indemnity costs
The lead applicant in an unsuccessful class action over the Carwoola bushfire has avoided indemnity costs sought by insurer CGU and has won a 40 per cent reduction in the amount of legal costs it will have to cover for the defendant.
Class actions too complex to run without lawyers, judge says
A judge has tossed a class action brought by a self-represented applicant against Wilson Security, saying class actions should not be run without lawyers.
Funder sells stake in Commonwealth Bank class action for $7.5M
A litigation funder has reaped $7.5 million from the sale of a 20 per cent stake in a shareholder class action against the Commonwealth Bank of Australia over the bank's allegedly lax money laundering compliance.