Court approved $494M Black Saturday bushfire class action settlement under Part IVA, addressing litigation funding arrangements and settlement approval principles.
class-action
Federal Court held representative proceedings under Part IVA permissible in franchise network class action where common issues predominated and claims arose from same or related circumstances.
Representative proceedings under O.15 r.12 require claimants to share the same interest; Singapore's limited class action mechanism applied in a construction industry dispute.
The 'same interest' requirement for representative actions is strictly construed, and minority shareholder claims must be distinguished between derivative and representative proceedings.
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