Judges

A judge has ordered a class action against Fitch to fork over $12.4 million in security, refusing to discount the sum for what the class action called the company's 'Rolls-Royce' defence.

The litigation funder that backed a recently settled shareholder class action against the directors of collapsed mining company CuDeco and KPMG will seek a 35 per cent cut from the settlement.

Queensland-based NextDC is facing a lawsuit from an enterprise account manager who alleges the data centre giant shortchanged him on commissions for contracts at its Melbourne and Sydney data centres.

A Singapore-listed company that acquired former ASX-listed coal miner Blackgold International is statute-barred from claiming that Blackgold’s former lead auditor should have detected fraudulent transactions in the company’s accounts.

Gold producer Evolution Mining has won an initial trial against the Australian Tax Office over a purported decision to cancel the transfer of $31 million in tax losses after it acquired Conquest. 

ASIC has raised the prospect of criminal charges linked to the Shield Master Fund, after bringing civil penalty proceedings alleging up to $530 million in retirement savings was used for unauthorised purposes.

Communications between the environment minister's department and Woodside over the gas company's controversial North West Shelf project raised concerns about the apprehension of bias, activist group Australian Conservation Foundation has told a trial judge.

Queensland-based NextDC is facing a lawsuit from an enterprise account manager who alleges the data centre giant shortchanged him on commissions for contracts at its Melbourne and Sydney data centres.

A judge has been convinced by the “slenderest of margins” to allow a Canberra developer to amend its case against two contractors over the collapse of a shoring wall and piers, finding that the current case could not be maintained against the builder. 

A class action against CMC Markets has agreed to provide an additional $6.5 million in security, with the parties avoiding a contested hearing over the online trader's bid for $8.6 million.