Alistair Pound

A judge has allowed Slater & Gordon to adjourn a fight about security for costs in a shareholder class action against Beach Energy until it has more favourable evidence of its debt financing position, over the energy company’s objection to the “doctrinally unprecedented” application.

A judge has ordered soft class closure ahead of mediation in a class action against five major banks over alleged foreign exchange rate-rigging, saying the applicant's subjective view on what will assist mediation should not be imposed on the banks.

A judge has questioned the applicant’s opposition to soft class closure in a class action accusing five major banks of rate-rigging, a measure the banks say could save “tens of millions” in legal expenses. 

Beach Energy is fighting a bid to adjourn a fight about security for costs in a shareholder class action until the firm that's running it has more favourable evidence of its debt financing position, saying the application is “doctrinally unprecedented.”

A class action against BHP over the collapse of a Brazilian dam has appealed a judgment that found shareholders who did not purchase their stock on one of the three exchanges on which the mining giant is listed are excluded from the case.

BHP has won its argument that shareholders who did not purchase their stock while trading on one of the three exchanges on which the mining giant is listed are excluded from a securities class action over the collapse of a Brazil tailings dam.

Citibank has argued group members should be asked to sign on to a class action accusing five major banks of entering a cartel agreement to rig foreign exchange rates before evidence is filed in the case, saying it was impossible to know how much the claims were worth. 

A judge has signed off on a $18.5 million settlement in a six-year-old shareholder class action against Deloitte over its audits of collapsed construction group Hastie, saying the amount might be "disappointing" to group members but reflected the risks of going to trial.

BHP has argued that investors who bought shares through secondary platforms are excluded from a long-running shareholder class action over a failed Brazilian dam, a claim slammed as an "unduly narrow reading" of the case.

Deloitte may seek confidentiality orders over the amount it agreed to pay to settle a shareholder class action over its audits of collapsed construction group Hastie.