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ARTICLE · 25 SEPTEMBER 2018

Classes Dismissed: AMP Wins Bid To Have Competing Class Actions Transferred To A Single Forum

Competing class actions continue to be in the spotlight in Australia, where it has been just over 26 years since the class action regime was introduced.

AustraliaLitigation, Mediation & Arbitration

Competing class actions continue to be in the spotlight in Australia, where it has been just over 26 years since the class action regime was introduced.

Whilst the Australian Law Reform Commission (the ALRC) is currently embarking on an inquiry into litigation funding and class actions, with its final report due in December 2018, jurisprudence is emerging from the Courts to tackle some of the same issues being considered by the ALRC on the commercialisation of law and the oppressive nature of multiple class actions.

A recent landmark case (which will be welcomed by class action respondents generally) has resulted in a financial services company and asset fund manager AMP succeeding in its application to transfer four separate competing class actions from the Federal Court of Australia to the Supreme Court of New South Wales, where one class action was filed.  Following the imminent transfer, the Supreme Court is expected to make a decision on how many of the class

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