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Costs skyrocket to $315 million in Woolworths underpayments scandal
Employment 2020-02-26 9:33 pm By Alison Eveleigh

Supermarket chain Woolworths, which is facing a class action over its staff underpayments, has admitted the amount owed to workers is at least $315 million, far higher than the company’s initial estimate of $200 million to $300 million.

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Court blocks Clive Palmer’s bid to shut down class action funding
Class Actions 2020-02-26 3:04 pm By Miklos Bolza

A company owned by mining magnate Clive Palmer has lost its bid to temporarily block funding for a class action over the troubled Coolum Palmer Resort, with the Federal Court finding that special levies garnered from villa owners to back the proceedings were above board and legal.

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Privileges of partnership: Deloitte to learn fate of challenge to production order in Hastie class action
Appeals 2020-02-26 1:40 pm By Christine Caulfield

A ruling is expected Thursday in an appeal by the partnership of Deloitte over the production of audit files that were apparently stolen from the accounting giant’s litigation room, a high-stakes decision that will clarify the limits of a partnership’s right to claim privilege against self-incrimination.

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Judge spots ‘fundamental flaw’ in NAB insurance class action settlement
Class Actions 2020-02-25 10:25 pm By Miklos Bolza

A judge has questioned whether he should sign off on a $49.5 million settlement in a class action against National Australia Bank over allegedly worthless credit card insurance, which he said had a “fundamental flaw” because it did not contain a provision automatically cancelling group members’ policies.

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New shareholder class action against IOOF alleges extensive misconduct
Class Actions 2020-02-24 3:00 am By Christine Caulfield

Financial services provider IOOF may have beaten back regulatory action, but it still faces the wrath of shareholders, with a new class action claiming the firm engaged in corporate misconduct that includes insider trading, front running and breaches of trustee duties.

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Westpac slams Shine’s ‘sales pitch’ in class action opt out notice
Class Actions 2020-02-21 10:21 pm By Miklos Bolza

Westpac has criticised Shine Lawyers for allegedly turning a registration and opt out notice to class action members into a ‘sales pitch’ designed to book-build for the firm, saying the High Court’s recent common fund ruling forbade approval of anything designed to boost the commercial viability of a case.

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Coles faces potential class action over $20M in staff underpayments
Employment 2020-02-21 4:28 pm By Christine Caulfield

Supermarket giant Coles may be hit with a class action after it was revealed on Tuesday that the company owes staff in its supermarket and liquor businesses at least $20 million in pay.

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Litigation funder may set up law firm to capitalise on contingency fees
Class Actions 2020-02-21 4:00 pm By Christine Caulfield

A major litigation funder in Australia is weighing its options after the High Court ended the practice of common fund orders and the Victorian Government introduced a bill allowing contingency fees, options that include establishing its own law firm

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No end in sight for epic Queensland floods class action
Class Actions 2020-02-21 12:45 pm By Cat Fredenburgh

Dam operator Seqwater will appeal its loss in a long-running class action over the 2011 Queensland floods that destroyed over 2,000 homes, a move derided by the lawyer for the flood victims, who called for “an end to the injustice” her clients have suffered.

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Bill that would shake up class action landscape advances
Class Actions 2020-02-20 7:24 pm By Alison Eveleigh

Contingency fees are one step closer to becoming a reality in Australia, after the Victorian Parliament voted to advance a bill that would allow lawyers in the state to earn a percentage of recoveries in class actions.

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