Law Firms

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.

A court has approved an application to drop a class action on behalf of former students at Fairbridge Farm School in NSW over alleged abuse, after the law firm running the case said it was "uneconomic". 

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. 

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.

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.

Investment manager Macquarie is the first to face a class action by investors who sank their super into the Shield and First Guardian Master Funds, with other investigations underway.

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.

Coles has fired off Federal Court proceedings over the ACCC's decision to block its proposed acquisition of a leasehold interest in a supermarket and liquor store site in Kalgoorlie, one day after bringing proceedings at the Australian Competition Tribunal.