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No win no fee carries law firm to victory in Boral class action beauty parade
The law firm running its class action on a no win no fee basis has been crowned the winner in a battle against two competing firms to lead a shareholder class action against construction giant Boral, in the first such judgment handed down in the wake of a High Court ruling on competing class actions.
Litigation funder not on hook for costs in failed Airservices class action
The litigation funder that backed a dismissed employment class action against aviation service provider Airservices Australia has successfully argued that it should not bear the company's costs of defending the case
ANZ admits flex commission dealers ‘encouraged’ to offer loans with interest above base rate
Banking giant ANZ, which is facing a class action over a flex commissions scheme by its former car finance business, has admitted that the calculation of car dealers' commission was aimed at encouraging loans with interest above a "base rate".
Builder not on the hook for $12M in damages for Lacrosse building fire, appeals court says
An appeals court has found that building company LU Simon should not pay $12 million in damages for a 2014 fire which broke out in Melbourne's Lacrosse tower and was accelerated by Alucobest cladding panels since the company had relied on consultants’ advice in choosing the cladding material.
Corrs Chambers hired to assist royal commission into Crown Resorts
Corrs Chambers Westgarth will assist former Federal Court judge Ray Finkelstein QC's royal commission into whether Crown Melbourne is suitable to hold a casino licence in the state, and has kicked off by seeking documents from James Packer's Consolidated Press Holdings.
Plastic surgeon named in breast implants class action locked in legal battle with insurers
A court has ordered Avant Insurance to supply certain documents to a plastic surgeon seeking coverage for legal costs of defending a class action against The Cosmetic Institute over allegedly "incompetent" breast augmentation surgery.
CBA denies fiduciary duty owed to group members in insurance ‘rort’ class action
Two Commonwealth Bank of Australia subsidiaries have denied that they owed fiduciary duties to group members in a class action over allegedly excessive insurance premiums pushed onto customers because of commissions and other benefits to financial advisors.
AIG can’t avoid bill for Murray Goulburn class action, judge rules
Insurer AIG Australia will have to pay collapsed diary processing firm Murray Goulburn at least $8.85 million after a court ruled it was liable to cover some of the costs of a $42 million class action settlement reached with irate investors last year.
Victoria hit with class action over COVID-19 public housing lockdown
The Victorian Government has been hit with a class action filed by residents of nine public housing towers who were locked down for two weeks at the start of the state's second COVID-19 wave in July last year.
S&P may ask judge to disqualify himself from class action over ratings defects
A judge who oversaw a 39-day trial in 2018 in multiple class actions against S&P Global may be asked by the ratings agency to step down from hearing another class action alleging systemic defects in its ratings systems.