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Insurers want to stay COVID-19 insurance class actions
COVID-19 2021-08-24 4:26 pm By Bianca Hrovat

Insurers Lloyds Australia and QBE want class actions by policyholders who were denied business interruption coverage for COVID-related shutdowns stayed until a related test case in the Federal Court is decided.

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NAB super class action must cover bases with group members after landmark ruling
Class Actions 2021-08-23 2:57 pm By Miklos Bolza

The applicant in a Federal Court class action against NAB superannuation trustee NULIS has been ordered to find a sample group member in light of a landmark Victoria Supreme Court ruling that found the plaintiff in a similar class action could not establish any loss.

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7-Eleven to pay $98M to settle franchisee class action
Class Actions 2021-08-20 1:48 pm By Cat Fredenburgh

Convenience store giant 7-Eleven has agreed to pay $98 million to settle two class actions accusing it of misleading franchisees, the largest class action settlement reached so far this year.

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Judge scolds Linchpin liquidators for ‘unsatisfactory’ conduct in class action
Class Actions 2021-08-20 4:31 pm By Miklos Bolza

A judge has criticised the liquidators of collapsed financial group Linchpin Capital after they failed to inform the court whether they intend to defend class action proceedings or if default judgment should be made against the company.

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Judge sets course to avoid ‘Brobdingnagian’ trial in PFAS class actions
Class Actions 2021-08-20 5:31 pm By Miklos Bolza

With mediation failing to resolve an expansive class action against the federal government over its use of allegedly toxic firefighting foam, a judge has charted a plan to avoid a “Brobdingnagian” trial and efficiently determine the claims of group members around eight military bases across Australia.

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‘Just a hope and a dream’: Judge threatens to toss ex-Linchpin director’s appeal of ASIC ban
Financial Services 2021-08-20 4:51 pm By Cindy Cameronne

A judge has blasted an ex-Linchpin director’s delay in appealing a five-year disqualification ordered by ASIC and threatened to dismiss the appeal after he failed to comply with court orders.

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Controversial COVID border closure could trigger class action, lawyer says
COVID-19 2021-08-20 5:01 pm By Bianca Hrovat

The heavy toll of COVID-related border closures on businesses in northern New South Wales could trigger a class action lawsuit, a lawyers has warned, as the political debate heats up over a proposal to move the border 7km south to the Tweed River.

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Worley budget adjustments were ‘drop in the ocean’, Full Court hears in class action appeal
Class Actions 2021-08-17 10:19 pm By Cindy Cameronne

Worley’s increases to a budget behind an allegedly misleading 2014 earning guidance, amounting to $1.14 million, were a “drop in the ocean”, the Full Court has heard as shareholders seek to revive a failed class action against the engineering company.

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Shareholders looking to revive class action say Worley pursued ‘growth stock’ ambitions over accuracy
Appeals 2021-08-16 9:09 pm By Cindy Cameronne

Worley crafted the budget behind an allegedly misleading 2014 earnings guidance so that its shares could be rated as a “growth stock”, the Full Court has heard as shareholders seek to revive a failed class action against the engineering company.

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Arasor class action applicant can’t dodge funder’s legal bill after ‘shambolic’ handling of side dispute
Class Actions 2021-08-16 12:34 pm By Cat Fredenburgh

The lead applicant in a settled shareholder class action against technology company Arasor can’t dodge funder International Litigation Partners’ costs, which it was ordered to pay after a judge rejected its “shambolic” attempts to be heard over a $1.2 million personal expenses dispute with the funder.

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