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Airservices judge OKs common fund despite Westpac’s Money Max appeal
Class Actions 2018-10-12 11:23 pm By Cat Fredenburgh

A federal judge has signed off on a funding agreement in an employment class action against Airservices, even as he acknowledged a pending challenge to a landmark ruling that established the right of the court to make a common fund order.

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Westpac appeals funding order in life insurance class action
Class Actions 2018-10-11 10:42 pm By Christine Caulfield

Westpac is challenging a judge’s order that gives the funder backing a class action over life insurance premiums a 25 percent cut of any recovery.

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Court consolidates toxic foam class action trials
Class Actions 2018-10-11 9:49 am By Cat Fredenburgh

Three class actions filed against the Commonwealth of Australia over allegedly toxic foam from government military bases will be heard together.

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Class action seeks evidence from jailed Crown Resorts employees
Class Actions 2018-10-10 11:24 pm By Cat Fredenburgh

The law firm leading a shareholder class action against Crown Resorts wants evidence from employees whose arrest in China during a 2016 government crackdown on gambling sent the company’s stock price tumbling.

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Quinn Emanuel reveals ‘step up’ funding model in AMP class action beauty pageant
Class Actions 2018-10-10 9:29 pm By Miklos Bolza

Law firm Quinn Emanuel Urquhart & Sullivan will call in US experts to back up its proposed “step up” funding model as five law firms begin a high stakes battle to lead a shareholder class action against AMP.

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CBA faces $100M class action over ‘uncompetitive’ super rates
Class Actions 2018-10-10 12:43 pm By Cat Fredenburgh

Commonwealth Bank and its wealth management unit Colonial First State have been hit with a class action alleging Colonial First State dumped customers’ retirement savings into uncompetitive CBA investments with returns as low as 1.25 per cent.

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Mt Victoria bushfire class seeks to amend pleading on first day of trial
Class Actions 2018-10-08 11:12 pm By Miklos Bolza

The lawyers leading a class action seeking damages from electrical distributor Endeavour Energy over the 2013 Mt Victoria bushfires have made a bid to amend the pleadings as the six-week kicked off Monday in the NSW Supreme Court.

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MyBudget denied costs in ‘public interest’ class action
Class Actions 2018-10-08 10:48 pm By Cat Fredenburgh

A Federal Court judge that threw out a consumer class action against MyBudget has denied the budget management company’s bid for costs, finding the case was brought in the public interest.

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Ponzi schemer’s co. to face claims in Westpac class action
Class Actions 2018-10-08 8:28 pm By Cat Fredenburgh

A Federal Court judge has allowed the plaintiffs in a class action alleging a unit of Westpac failed to detect the fraud of convicted Ponzi schemer Michael Samra to proceed with their claims against Samra’s defunct company.

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Shine boosts shareholder class action practice with ACA acquisition
Business of Law 2018-10-05 4:46 pm By Cat Fredenburgh

Shine Lawyers has acquired boutique class action firm ACA lawyers, a deal that will create the second largest class action firm in Australia by caseload and position the firm to take advantage of an expected increase in shareholder class action work.

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