Consolidation of two consumer class actions against Allianz would do away with competition in a contest to lead a single case that would force a drop in the contingency fee rates of the rival law firms, the insurance giant has told a court.
The Northern Territory government has reached a settlement in a class action brought on behalf of NT youth detainees seeking compensation for alleged race discrimination and human rights abuses.
GetSwift has reached an agreement to settle a shareholder class action accusing the logistics company of misleading statements over contracts, avoiding a trial that was set to begin in two months.
The director of the Forum Group companies accused of a $360 million fraud involving at least three major banks can’t return to Australia from Greece because he has COVID-19, his lawyer has told the Federal Court.
Australian streetwear retailer Culture Kings has hit back at a lawsuit by former world boxing champion and self-proclaimed “baddest man on the planet” Mike Tyson, denying allegations that it misled customers by using his image on its t-shirts.
Cladding manufacturer Fairview Architectural may have $190 million in insurance to cover the claims in a class action over its allegedly combustible cladding products.
ASIC’s case accusing Westpac of insider trading before the $16 billion privatisation of electricity provider Ausgrid should be heard “as quickly as the court can deal with it”, a judge has said.
Japanese bankng giant SMBC has emerged as the latest lender with exposure to an alleged fraud carried out by Sydney-based Forum Finance, with proceedings filed seeking recovery of almost $99 million it says it paid to a unit of Forum Group and controversial director Bill Papas.
Monash IVF patients who accuse the company of destroying viable embryos are having “second thoughts” after accepting payment offers by the fertility clinic and signing away their rights to participate in a class action, a Victoria Supreme Court judge has heard.
Six of the world’s largest car makers have agreed to settle class actions accusing them of selling cars with deadly Takata airbags.