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Spotless pays $95M to settle shareholder class action
Class Actions 2020-05-22 10:44 am By Alison Eveleigh

A $95 million settlement has been reached in a shareholder class action against facility services company Spotless Group, the largest settlement in a shareholder class action in two years.

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Government announces crackdown on litigation funders
Class Actions 2020-05-22 10:23 am By Cat Fredenburgh

Litigation funders will soon be brought under the current corporate licencing regime and subjected to greater regulatory scrutiny, an opening salvo by the Morrison Government in its latest probe into class actions in Australia.

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Clive Palmer launches dual-pronged attack to shut down Coolum resort class action
Class Actions 2020-05-20 10:02 pm By Miklos Bolza

Mining magnate Clive Palmer has attacked a class action by timeshare owners of the ill-fated Palmer Coolum Resort on two fronts, arguing that a special levy to fund the action breached the Corporations Act and seeking to strike out significant portions of the case.

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Two more supermarket giants may face underpayments class actions
Class Actions 2020-05-20 12:39 pm By Alison Eveleigh

Two leading independent supermarket groups are the latest retail giants to face possible class actions for alleged wage underpayments, in the wake of class actions lobbed against Woolworths and Coles.

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Banksia class action law firm flags proportionate liability argument
Class Actions 2020-05-19 5:42 pm By Christine Caulfield

The law firm facing scrutiny over its legal fees in a class action over the collapse of Banksia Securities will argue that if it is found liable for any misconduct in the running of the case at an upcoming trial, the litigation funder and the barristers it briefed share in the blame.

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Contingency fee bill still on the agenda despite delays caused by COVID-19
COVID-19 2020-05-19 4:20 pm By Alison Eveleigh

The Victorian bill that would allow class action lawyers to charge contingency fees remains on the agenda, despite being delayed by reduced parliamentary sittings during the COVID-19 pandemic.

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3A Composites fights for class closure order in combustible cladding action
Class Actions 2020-05-19 4:02 pm By Miklos Bolza

German cladding manufacturer 3A Composites is pushing forward with a bid to close a class action over allegedly combustible cladding to registered group members, arguing that a recent appeals court decision does not bar class closure in this case.

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Funder supports law banning common fund orders
Class Actions 2020-05-18 5:28 pm By Miklos Bolza

Australian litigation funder Omni Bridgeway has thrown its support behind a legislative ban on common fund orders in class action proceedings as well as a law that would block class actions from being brought on a contingency fee basis.

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Court suppresses details of Grosvenor, Vannin co-funding agreement
Competition & Consumer Protection 2020-05-18 4:16 pm By Miklos Bolza

A court has granted a request from Grosvenor Litigation Services, the funder that backed two class actions against Volkswagen over its emissions cheating scandal, to suppress the details of a co-funding agreement with Vannin Capital.

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Coles faces underpayment class action by supermarket managers
Class Actions 2020-05-15 9:39 pm By Christine Caulfield

Supermarket giant Coles has been hit with a class action after revealing in February that it owes staff in its supermarket and liquor businesses at least $20 million in pay.

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