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Judges back US-style class action standstill to deal with competing cases
Class Actions 2019-03-15 11:00 pm By Christine Caulfield

A proposed 90-day standstill that gives law firms time to file competing class actions without rushing to court has garnered support from multiple Federal Court judges, and could be adopted as part of new protocols being considered, one judge said Friday.

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Queensland floods class action defendants must live with their decision on expert reports, judge says
Class Actions 2019-03-14 11:48 pm By Cat Fredenburgh

The judge overseeing the marathon Queensland floods class action has shot down a request by the defendants to submit new expert flood modeling reports, saying the “sophisticated litigants” would have to live with their earlier decision to pass on the chance to submit evidence in response to new reports by the plaintiff’s expert.

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JustKapital founder may drag Corrs Chambers Westgarth into $1M dispute
Business of Law 2019-03-14 10:54 pm By Cat Fredenburgh

The founder of JustKapital is considering adding Corrs Chambers Westgarth to a lawsuit he brought seeking nearly $1 million allegedly owed as part of a deal he made to step down as managing director from the litigation funder.

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ANZ class action settlement won’t even cover IMF Bentham’s costs
Class Actions 2019-03-14 4:17 pm By Cat Fredenburgh

ANZ has reached a settlement in long-running class action proceedings alleging it hit customers with illegal fees, but the $1.5 million payout falls far short of the many millions IMF Bentham spent in funding the matter.

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Judge calls for criteria to pick winner in competing class action battles
Class Actions 2019-03-13 9:43 pm By Christine Caulfield

The courts should be given express statutory power to resolve competing class actions that establishes the factors to consider when picking a winning case, a leading class action judge has said.

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Competing class actions literally drive group members to the edge, ALRC head says
Class Actions 2019-03-13 8:34 pm By Miklos Bolza

Competing class actions that drag out proceedings can have devastating effects on group members, and whether funded class actions provide genuine access to justice, not just “access to the court’s processes”, was a legitimate question, the head of the Australian Law Reform Commission said Wednesday.

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Commonwealth Bank wants to shut down one of two rival class actions
Class Actions 2019-03-11 8:21 pm By Miklos Bolza

The Commonwealth Bank of Australia has launched a bid to stay a shareholder class action brought by boutique law firm Phi Finney McDonald after the firm retreated from a plan to consolidate its case with a competing class action run by rival Maurice Blackburn.

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Bellamy’s keeps up fight for cost capping in joint class actions
Class Actions 2019-03-11 12:23 pm By Christine Caulfield

Baby food maker Bellamy’s is not giving up its fight to limit the costs of two shareholder class actions against the company, lodging an appeal of a ruling that shut down its cost-capping bid as premature.

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Class members waited too long to appeal Great Southern MIS settlement, court rules
Class Actions 2019-03-07 4:59 pm By Christine Caulfield

An appeals court has dashed the hopes of three group members of a resolved class action over managed investment schemes operated by agribusiness Great Southern Group who sought more time to appeal approval of the settlement deed, which put them on the hook for repaying their loans to Bendigo and Adelaide Bank.

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CIMIC slugged with costs after class action trial vacated
Class Actions 2019-03-07 4:32 pm By Miklos Bolza

Global engineering firm CIMIC Group has been hit with costs after a last-minute subpoena of three new potential witnesses caused the three-week trial that was due to commence later this month to be vacated.

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