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A court has refused to order the applicant in a failed class action against NULIS Nominees to pay indemnity costs, but has confirmed that so-called Calderbank offers can operate in group proceedings.
Mulpha says a class action over the Mulgoa Rise development in Glenmore Park, NSW needs to clarify its negligence case to enable the developer to decide on the viability of potential cross-claims.
In tossing the sixth securities class action to go to trial in recent years, a Federal Court judge has shown the task of proving shareholder loss is a doozy.
BHP has asked for more time to grapple with a shareholder class action’s amended pleading, saying the changes, if allowed, threaten to derail the trial start date in September.
Although finding the former director of Quintis and its auditor, EY, engaged in misleading and deceptive conduct, a judge has dimissed a class action by the sandalwood producer's shareholders.
Tesla has been hit with a class action alleging the Elon Musk-owned company misled consumers about the capabilities of its self-driving cars.
A judge is concerned that if he approves all payouts sought by lawyers and funders from a $13.5 million settlement in a class action against a Quintis director, group members will only he left with just 18 per cent.
A court has vacated a trial set to begin Monday in the class action against Suncorp unit AAI over add-on insurance, suggesting a settlement is in the works.
Law firms running competing class actions against Coles and Woolworths over alleged illusory discounts have agreed to join forces, but a judge has warned he will not simply “rubber stamp” the arrangement.
A judge has criticised a law firm for allocating only two solicitors to its class action against United Petroleum over the installation of alleged loss-making Pie Face stores.