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New senior barristers in Victoria have high-stakes commercial, criminal chops
Business of Law 2024-08-08 11:16 pm By Christine Caulfield

The Victorian Bar has welcomed 25 new senior counsel to the ranks this year, a group of barristers with broad ranging experience in IP, tax, class actions, employment and criminal law.

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Quintis class action settlement sum revealed, rival funder wants piece
Class Actions 2024-08-07 11:33 pm By Sam Matthews

A $13.5 million settlement has been reached in a Gadens-led class action against former Quintis director Frank Wilson, and the funder of a rival class action is preparing to seek a chunk of the sum in what a judge has called a ā€œmost unusual circumstanceā€.

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High Court says duty of care for economic loss can arise only if company assumes responsibility
Class Actions 2024-08-07 11:24 pm By Christine Caulfield

A class action has lost its appeal to the High Court in a case alleging Advanta Seeds owed damages to farmers for the economic loss resulting from its negligence in producing contaminated grain sorghum seed, with the justices clarifying that a duty of care may be established only if responsibility is assumed.

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Fletcher Building unit faces class action over leaky pipes in Perth homes
Construction 2024-08-06 11:08 pm By Christine Caulfield

A unit of construction company Fletcher Building has been hit with a class action over its Pro-Fit pipes, which have been blamed by Western Australian builder BGC for plumbing failures in thousands of Perth homes.

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Judge who worried about ‘strange’ funding agreement OKs $23.1M cut for Augusta
Class Actions 2024-08-06 11:24 pm By Cat Fredenburgh

A judge has signed off on a $23.1 million cut for funder Augusta of a $100 million settlement in a class action against Colonial First State, which he previously called “strange” and said may not reflect the risk the funder shared with Slater & Gordon in running the case.

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High Court appeal seeks total knockout of common fund orders
Appeals 2024-08-05 11:16 pm By Sam Matthews

The High Court has been asked to overturn a Full Court decision finding lawyers can take a cut from a class action settlement under a solicitorsā€™ common fund order and to finally settle the question of whether the court has the power to issue common fund orders at all.

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High Court to rule on force of disclaimer to shield manufacturers from economic loss claims
Class Actions 2024-08-05 11:59 pm By Christine Caulfield

The High Court is scheduled to hand down a judgment in a class action on Wednesday on the power of a product disclaimer to protect manufacturers from claims they owe a duty of care to protect purchasers from pure economic loss.

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Firm accused of copying rivals’ class action pleadings loses IC Markets beauty parade
Class Actions 2024-08-02 10:13 am By Cat Fredenburgh

Two judges have declined to award carriage of a class action against International Capital Markets over risky derivative products to a firm accused of plagiarising its rivals’ pleading.

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Monash IVF takes coverage fight with insurer to court ahead of class action mediation
Insurance 2024-08-02 11:45 pm By Sam Matthews

Monash IVF and a host of IVF clinics have taken Insurance Australia Ltd to court over coverage ahead of mediation in a class action alleging the companies destroyed potentially viable embryos.Ā 

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Judge approves $8.25M settlement in class action against PwC over bond prospectus
Class Actions 2024-08-02 10:56 pm By Andy Sidler

A judge has approved a $8.25 million settlement in a class action against PricewaterhouseCoopers brought by Axsesstoday bondholders over an allegedly misleading bond prospectus.

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