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Bank fees case to go to High Court

Australia’s largest class action, which challenges the fees of the major banks, is set for a showdown in the High Court after the Court agreed today to expedite an appeal by Maurice Blackburn Lawyers.

May 11, 2012 By The New Lawyer
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Australia’s biggest class action, which challenges the fees of the major banks, is set for a showdown in the High Court after the Court agreed today to expedite an appeal by Maurice Blackburn Lawyers.

The High Court of Australia said it will allow the appeal in regard to ANZ Bank exception fees to bypass the Full Federal Court and go straight to the country’s highest court.  

The appeal by Maurice Blackburn Lawyers regards a Federal Court ruling against group members made in December.

Speaking from outside the High Court in Canberra today, Paul Gillett, senior associate from Maurice Blackburn, said it was an important victory for those involved in the class action.

“Today’s decision will allow this appeal to bypass the Full Federal Court and ensure the appeal gets straight to where it ultimately needs to be heard, in the High Court of Australia,” Gillett said.

“This decision will save time, money and resources for the courts and the parties involved, allowing everyone’s energies to be better spent.

“These class actions against unfair bank charges are the largest in Australia’s history – more than $220 million for fees charged against around 170,000 customers from eight banks – and it continues to grow.”

 

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