A shareholder class action against livestock exporter Wellard is seeking approval for a $23 million settlement which will see only $7.86 million go to group members, telling the court that the funder and law firm that ran the case have agreed to take a haircut on the deductions they’re entitled to.
The Australian Football League has asked a court to stay an individual lawsuit brought by a “totally incapacitated” former Western Bulldogs player until a related class action on behalf of players who allegedly suffered brain injuries is decided.
A judge is planning to consolidate an employee class action and a union case against McDonald’s, saying the union can take a payout from any settlement, similar to how a funder receives a commission.
The High Court has handed a win to a class action on behalf of Queensland ratepayers who were wrongly charged levies over a period of six years, rejecting the local council’s argument that the levies were put to good use.
A carriage fight may be avoided in a class action against Sydney broker International Capital Markets over risky contracts for difference after two law firms agreed to consolidate their cases.
Defunct investment firm Blue Sky has denied a class action’s claims that it misled shareholders ahead of its 2019 collapse and has pointed the finger at auditor EY.
The New South Wales government has been hit with a class action alleging it discriminated against Indigenous communities on the south coast by prosecuting them for engaging in cultural fishing practices.
A class action over the Victorian government’s decision to redevelop the state’s public housing towers has asked the court for an injunction blocking demolition of three towers in inner city Melbourne, as the state foreshadows a bid to summarily dismiss the case.
Small businesses that allegedly suffered losses from interference caused by the construction of Sydney’s $3 billion light rail will have to wait before receiving any damages while Transport for NSW appeals its loss in a class action over the project’s construction.
KPMG has won its application for the High Court to weigh in on the relevance of a contingency fee order in determining a bid to transfer a shareholder class action from Victoria to NSW.