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UGL knew LNG project was behind schedule by April, class action says
Class Actions 2018-11-01 11:10 pm By Cat Fredenburgh

UGL knew by April 2014 that there were delays with the Ichthys LNG project, but failed to make required disclosures to shareholders, according to an amended pleading in a shareholder class action against the engineering company.

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Surfstitch class action settlement in peril as debate rages over opt-out notice
Class Actions 2018-11-01 8:20 pm By Miklos Bolza

Judges do not have the power to approve a class action settlement without first issuing an opt-out notice to group members, the court-appointed contradictor in two shareholder class actions against online fashion retailer Surfstitch told the NSW Supreme Court Thursday.

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Ashley Services class action sent back to mediation for settlement talks
Class Actions 2018-11-01 7:51 pm By Christine Caulfield

Private education provider Ashley Services may be close to settling a shareholder class action, according to a court order sending the parties in the case to a second mediation session before the end of the year.

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Funder’s cut, legal fees in $64M Banksia settlement rejected on appeal
Appeals 2018-11-01 4:51 pm By Cat Fredenburgh

An appeals court has rejected the funder’s commission and legal fees stemming from a $64 million settlement in litigation over the failure of Banksia Securities, but granted approval to the settlement.

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Lawyers face off over competing class actions
Feature 2018-10-31 9:41 pm By Christine Caulfield

As judges grapple with fierce competition among litigation funders and law firms to lead class actions, Lawyerly asked two leading practitioners on opposing sides of the class action divide to give us their take on the issue.

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Judge rejects ‘problematic’ pleading in Ford class action
Class Actions 2018-10-31 8:29 pm By Miklos Bolza

A Federal Court judge has rejected a revised pleading in a class action against Ford over its allegedly defective PowerShift transmissions.

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First class action to be filed over combustible cladding
Class Actions 2018-10-30 11:11 pm By Cat Fredenburgh

The first class action is expected to be filed on behalf of property owners whose buildings are covered with highly combustible polyethylene core cladding.

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Lawyers take aim in battle to lead BHP class action
Class Actions 2018-10-29 10:44 pm By Christine Caulfield

The high-stakes contest to run a shareholder class action against BHP has begun, with lawyers for three competing cases all arguing in Federal Court Monday that there can be only one winner.

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Westpac life insurance class action stayed pending landmark appeal
Financial Services 2018-10-29 9:54 pm By Miklos Bolza

A class action against Westpac over allegedly excessive insurance premiums has been put on ice after funder JustKapital filed an application to stay the case in the wake of the bank’s appeal challenging the court’s power to make a common fund order.

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VW faces class action over Takata airbags
Class Actions 2018-10-29 1:48 pm By Cat Fredenburgh

Quinn Emanuel has filed a class action against Volkswagen over cars fitted with defective Takata airbags, the seventh class action filed by the firm in what’s been touted as one the largest consumer class actions in Australia.

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