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Slater and Gordon wins $12.7M in fees in Provident class action
Class Actions 2018-10-23 6:36 pm By Miklos Bolza

The NSW Supreme Court has approved a $44.25 million settlement of two class actions against the trustees of failed debenture issuer Provident Capital, including $12.8 million in legal fees for Slater and Gordon and $4.3 million for funder Litman Holdings.

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Appeals court to hear BMW common fund challenge in Takata class actions
Product Liability 2018-10-22 7:19 pm By Miklos Bolza

A NSW Supreme Court judge said Monday it will refer to the Court of Appeal a challenge by car giant BMW to a common fund order proposed by law firm Quinn Emanuel Urquhart & Sullivan for its six class actions over Takata airbags.

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Funding deals that short-change class members ‘unsustainable’, says judge
Class Actions 2018-10-22 6:38 pm By Christine Caulfield

Class action funding arrangements that siphon off large percentages for commissions and legal fees are “unsustainable”, Federal Court Justice Michael Lee said Monday.

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Bannister Law off Ford class action in wake of funder feud
Class Actions 2018-10-22 3:49 pm By Cat Fredenburgh

Bannister Law has withdrawn from a class action it filed against Ford over allegedly defective Powershift transmissions following a dispute between the firm and the litigation funder that’s backing the case.

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Cash Converters to pay $16.4M to settle consumer class action
Class Actions 2018-10-22 1:48 pm By Cat Fredenburgh

Cash Converters has reached a settlement on the eve of trial in one of two consumer class actions alleging it engaged in unconscionable conduct by imposing high interest rates on short-term loans.

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Funder spars with judge as Westpac’s common fund challenge looms
Class Actions 2018-10-19 10:56 pm By Miklos Bolza

The litigation funder at the centre of a challenge by Westpac to the Federal Court’s power to make common fund orders faced a fiery judge in a tense exchange Friday, after it revealed it was weighing a bid to pause a class action against the bank until after the appeal.

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PwC gets court ok to file lawsuit against Vocation
Class Actions 2018-10-19 1:54 pm By Cat Fredenburgh

PriceWaterHouse Coopers has received the green light to launch court action to pursue its cross claims against failed educational training company Vocation.

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Déjà vu as AMS fights to restrict membership in pelvic mesh class action
Class Actions 2018-10-18 9:56 pm By Miklos Bolza

Medical device maker American Medical Systems, which is facing a class action over allegedly faulty pelvic mesh implants, has taken a page from the Ethicon pelvic mesh defence playbook, calling on the court to restrict the dates for group membership.

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Dick Smith liquidators accuse class action firms of spamming group members
Class Actions 2018-10-18 8:09 pm By Miklos Bolza

Liquidators for Dick Smith don’t want potential group members in two class actions against the failed retailer to learn about a new registration deadline by email, saying it would amount to spam and harassment.

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Judge open to stay Westpac class action pending common fund appeal
Class Actions 2018-10-17 10:20 pm By Miklos Bolza

A federal judge has lit a fire under the law firm leading the Westpac life insurance class action, saying if it wanted to apply for a stay while the bank appeals his common fund order, it should do so “immediately”.

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