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FLEX COMMISSIONS GROUP PROCEEDING (CLASS ACTION) - MACQUARIE LEASING

Daimin and Tania Nathan v Macquarie Leasing Pty Ltd (S ECI 2020 03924)

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Group proceeding brought on behalf of persons who entered into car loans issued
under Macquarie Leasing Pty Ltd’s credit licence, in the period 1 March 2013 to
31 October 2018, with respect to which a “flex commission” was paid to the car
dealer.

The claim alleges that car dealers acted on behalf of Macquarie Leasing in
providing certain credit services to group members who took out car loans with
those dealers. The claim alleges that the terms of those car loans relating to
the “flex commissions” constituted “unfair conduct” for the purposes of the
National Consumer Credit Protection Act 2009 (Cth). Further, it is alleged that
Macquarie Leasing engaged in misleading or deceptive conduct by failing to
disclose to those borrowers certain matters concerning the loan agreements. The
claim seeks to restrain the lenders from charging further interest, the
repayment of interest under the loans or alternatively orders voiding the loan
agreements or providing compensation to group members.

Please see important information about registration and opting out below.

Important information about registration and opting out

If you are, or you think that you may be a group member, you should read the
documents below carefully. The Notice (a copy of which is below) contains
important information about your rights to (1) register your interest in the
proceeding or (2) opt out of the proceeding.

In summary, if you fall within the definition of a group member:

 * You must register your interest in accordance with the Notice by Tuesday, 3
   October 2023 to be eligible to receive compensation if there is a settlement
   between the parties at the upcoming mediation. For further information on how
   to register, please refer to paragraphs 13 – 15 in the Notice below. 
 * You will remain a group member unless you take steps to opt out by Tuesday, 3
   October 2023. For further information about opting out, please refer to
   paragraphs 24 – 27 in the Notice below. 

The definition of a “group member” is set out in the Notice.

Notice to Group Members – Registration and Opt Out
Opt Out Form (PDF)
Opt Out Form (Word)
Orders of Nichols J (20 July 2023) – Registration and Opt Out
Orders of Nichols J (1 August 2023) – Extension of Registration and Opt Out
 

Group Costs Order Ruling

Group Costs Order Ruling made by the Honourable Justice Nichols on 3 March 2023
([2023] VSC 95) in the Flex Commissions Group Proceeding (Class Action) -
Macquarie Leasing

Group Costs Order Ruling [2023] VSC 95 (pdf 1.10MB)
Publisher
Supreme Court of Victoria
Date of publication
March, 2023
Reply

Reply filed by the Plaintiffs on 21 April 2022 in the Flex Commissions Group
Proceeding (Class Action) - Macquarie Leasing

Reply (pdf 93.25KB)
Publisher
Supreme Court of Victoria
Date of publication
April, 2022
Defence

Defence filed on 14 April 2022 in the Flex Commissions Group Proceeding (Class
Action) - Macquarie Leasing

Defence (pdf 271.90KB)
Publisher
Supreme Court of Victoria
Date of publication
April, 2022
Statement of Claim

Statement of Claim filed on 17 February 2022 in the Flex Commissions Group
Proceeding (Class Action) - Macquarie Leasing

Statement of Claim (pdf 450.45KB)
Publisher
Supreme Court of Victoria
Date of publication
March, 2022
Funding Information Summary Statement

Funding Information Summary Statement filed on 14 October 2020 in the Flex
Commissions Group Proceeding (Class Action) - Macquarie Leasing

Funding Information Summary Statement (pdf 78.22KB)
Publisher
Supreme Court of Victoria
Date of publication
March, 2022
Group Proceeding Summary Statement

Group Proceeding Summary Statement filed on 14 October 2020  in the Flex
Commissions Group Proceeding (Class Action) - Macquarie Leasing

Group Proceeding Summary Statement (pdf 121.49KB)
Publisher
Supreme Court of Victoria
Date of publication
March, 2022


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