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Judge joins twin actions against Forge directors and auditors
Restructuring & Insolvency 2019-09-05 12:09 pm By Amelia Birnie

A judge has consolidated two concurrent cases against the former directors and auditors of collapsed construction company Forge Group, after warning the overlapping actions needed to be carefully managed to avoid it becoming an “unrideable bull”.

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Landmark Uber class action should be thrown out, court told
Class Actions 2019-09-04 10:28 pm By Christine Caulfield

A class action alleging a conspiracy between ride-share giant Uber and related entities to launch a car service to take business from taxi drivers across Australia has no prospect of success and should be struck out, a lawyer for Uber told a court Wednesday.

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$29M Radio Rentals settlement clears hurdle after ex-CEO cries prejudice
Class Actions 2019-09-04 10:13 pm By Miklos Bolza

The $29 million settlement in the Radio Rentals ‘Rent, Try, $1 Buy’ class action is back on track after concerns by former CEO James Marshall about uncertainty in the deed of settlement were resolved.

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WorleyParsons ditches bid to close down class action mid-trial
Class Actions 2019-09-04 8:03 pm By Amelia Birnie

WorleyParsons has abandoned its mid-trial application to shut down a shareholder class action, amid uncertainty about whether the engineering company would be required to surrender its right to call reply evidence if it continued with its submission that it has no case to answer.

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CIMIC attacks ‘forests of contingencies’ in class action pleadings
Class Actions 2019-09-04 2:26 pm By Miklos Bolza

Engineering services firm CIMIC Group has attacked the pleadings in a shareholder class action against it, saying needlessly convoluted paragraphs containing a “numerically vast number of contingencies” should be struck out.

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WorleyParsons denies bid to shut down class action will spark ‘brave new world’
Class Actions 2019-09-03 9:32 pm By Amelia Birnie

Counsel for WorleyParsons has denied the engineering firm’s attempt to end a shareholder class action mid-trial would be the start of a “brave new world” of no-case bids in representative proceedings, saying this was a rare instance of a case with “no chance of success”.

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Jardine Lloyd Thompson hit with second class action over excessive premiums
Insurance 2019-09-03 9:13 pm By Christine Caulfield

Insurance broker Jardine Lloyd Thompson is facing a second class action on behalf of local councils claiming it charged inflated premiums.

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Zoetis loses challenge over security for costs in horse vaccine class action
Class Actions 2019-09-03 2:57 pm By Cat Fredenburgh

The Full Federal Court has shot down a challenge to a ruling denying horse vaccine maker Zoetis’ application for security for costs in an unfunded class action brought on behalf of horse owners alleging the company failed to warn about the potential side effects of the Hendra virus vaccine.

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Radio Rentals, AIG to pay $29M to settle ‘Rent, Try, Buy’ class action
Class Actions 2019-09-03 10:43 am By Christine Caulfield

Radio Rentals and its insurer, AIG, have reached a $29 million settlement in a consumer class action alleging the company pushed misleading ‘Rent, Try, $1 Buy’ leases onto vulnerable customers.

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Radio Rentals, AIG ‘very close’ to settling consumer class action, court hears
Class Actions 2019-09-02 9:29 pm By Miklos Bolza

A consumer class action against Radio Rentals over its ‘Rent, Try, $1 Buy’ scheme is “very close” to settling, a court heard Monday, with just a few more days required to negotiate a final agreement.

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