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Judge grants costs for anti-suit injunction after Ford class action ‘misadventure’
Class Actions 2019-07-10 4:11 pm By Miklos Bolza

The Federal Court has granted auto giant Ford’s request for the costs of an anti-suit injunction it sought in the PowerShift transmission class action that was ultimately unnecessary after the class was denied its bid to access discovery from similar proceedings in the United States.

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NAB super fund trustee faces $100M class action over excessive fees
Class Actions 2019-07-10 11:32 am By Miklos Bolza

A NAB-owned trustee is facing a possible class action over $100 million in allegedly excessive fees charged to super fund members.

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Queensland settles landmark stolen wages class action for $190M
Class Actions 2019-07-09 5:04 pm By Miklos Bolza

The Queensland government has agreed to pay $190 million to resolve an historic class action on behalf of 10,000 Indigenous workers for unpaid wages spanning over 30 years.

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Group members set to get nothing in St Patrick’s Day bushfire class action settlement
Class Actions 2019-07-09 4:16 pm By Amelia Birnie

A settlement has been reached in the second of four St Patrick’s Day bushfire class actions filed by Maddens Lawyers, under which energy distributor PowerCor will be released of any liability and group members will walk away with nothing.

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Bayer hit with class action over contraceptive implants
Class Actions 2019-07-09 4:11 pm By Miklos Bolza

Slater & Gordon has filed a class action against life sciences giant Bayer over allegedly defective contraceptive implants that caused serious side effects, requiring many patients fitted with the devices to have hysterectomies.

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Combustible cladding defendants may drag engineers, certifiers into class action
Class Actions 2019-07-08 8:36 pm By Amelia Birnie

German-based cladding manufacturer 3A Composites has foreshadowed potential cross claims against third party engineers and certifiers in one of two class actions brought over allegedly dangerous combustible cladding used in countless buildings across Australia.

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Dick Smith insurers face class action over IPO-related policy
Class Actions 2019-07-08 4:43 pm By Miklos Bolza

Allianz and a number of other insurers of Dick Smith are now facing a class action over the extent of coverage under an insurance policy for the collapsed electronics retailer’s initial public offering.

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Sims Metal class action funder to get no more than 25%, shareholders guaranteed at least half
Class Actions 2019-07-05 11:31 pm By Cat Fredenburgh

Noting the “significant and beneficial reduction” in recent funding rates, the judge overseeing a shareholder class action against recycling company Sims Metal Management has signed off on an order capping the commission of the funders at 25 per cent of any net proceeds and setting a minimum 50 per cent of any recovery for group members.

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Referee to weigh in on costs in $42M Murray Goulburn class action settlement
Class Actions 2019-07-05 9:35 pm By Cat Fredenburgh

A Federal Court judge has appointed a costs referee in a shareholder class action against two units of dairy co-op Murray Goulburn over a 2016 profit forecast revision which recently settled for $42 million.

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Judge reserves AMP class action loser costs after Phi Finney McDonald sinks 1,345 hours
Class Actions 2019-07-04 3:45 pm By Christine Caulfield

Boutique class actions law firm Phi Finney McDonald has won its bid to reserve costs incurred before its case was permanently stayed in the AMP shareholder class action beauty contest, after the firm racked up at least 1,345 hours in “sunk costs”.

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