Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Tour v Australia and New Zealand Banking Group Ltd [2024] FCA 1513 File number: VID 706 of 2021
Judgment of: BEACH J
Date of judgment: 19 December 2024
Date of publication of reasons: 20 December 2024
Catchwords: CORPORATIONS — finance industry class action — claims concerning the retrospective charging of interest under credit card contracts — settlement of proceeding — approval of settlement under s 33V(1) of the Federal Court of Australia Act 1976 (Cth) — distribution orders under s 33V(2)
Legislation: Corporations Act 2001 (Cth) Ch 5C Federal Court of Australia Act 1976 (Cth) ss 33V, 33ZF Corporations Amendment (Litigation Funding) Regulations 2020 (Cth)
Cases cited: LCM Funding Pty Ltd v Stanwell Corporation Ltd (2022) 292 FCR 169 Newstart 123 Pty Ltd v Billabong International Ltd (2016) 343 ALR 662; [2016] FCA 1194
Division: General Division
Registry: Victoria
National Practice Area: Commercial and Corporations
Sub-area: Commercial Contracts, Banking, Finance and Insurance
Number of paragraphs: 106
Date of hearing: 19 December 2024
Counsel for the Applicant: Mr P W Collinson KC and Ms E Dias
Solicitors for the Applicant: Phi Finney McDonald
Counsel for the Respondent: Dr M Rush KC and Mr T Jeffrie
Solicitor for the Respondent: Ashurst Australia
Counsel for Intervener: Mr J Arnott SC
ORDERS VID 706 of 2021
BETWEEN: DANIEL JEAN-MARIE TOUR Applicant
AND: AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD (ACN 005 357 522) Respondent
We try to embed the page this law was scraped from. If the site blocks framing, you still get the link and a local excerpt.
Last checked with source on —
Checking whether the official page can be embedded…
Plain-English simplify of this law: a short summary, key points, and both sides of the argument. Generated on first view via Replicate, then cached. Vote on what helps your study.
No study brief is cached for this law yet. Sign up to generate a plain-English brief.
Sign up to generate