Judges

A judge has rejected an application by online trading platform IG Markets to amend a cross-claim against a trader who earned $5.5 million in 30 minutes through a 'test market'.

A judge has said a funding agreement in a class action on behalf of former detainees of two South Australian immigration detention centres that has settled for $28 million should have been disclosed to the court. 

The founders of AI data centre start-up Firmus Grid have been subpoenaed to give evidence in a dispute between former business partners Simon Raftery and Ben Madsen over $100 million in company shares, ahead of an expected $7 billion IPO.

Venture capital firm EVP has won court approval to pursue claims against bankrupt Strongroom AI founder and former director Christopher Durre.

A judge has found that online training provider RSA Express, which reaped $8 million from consumers who paid for courses they did not complete, made misleading representations that customers would only pay for courses after they passed. 

Power plant investor Sev.en has filed an urgent application for access to the financials of Millmerran Power Station as it looks to sell its stake in the energy infrastructure asset, saying it may have claims of misleading conduct.

More parties have joined the land acquisition compensation dispute between Victoria and the joint venture owners of Pakenham Place Shopping Centre, a court heard Thursday.

Clive Palmer’s Mineralogy has prevailed in an appeal as part of so-called mega litigation brought by CITIC over the $12 billion Sino Iron project in WA, with the court taking aim at both sides for the "intolerable" cost to the community of their endless dispute.

A judge has questioned why unsecured creditors will not give a promise to pay damages as they seek to stop a DOCA for the Milligan-owned developer of the $1.8 billion Halo Tower from going ahead, which could allegedly cause $100 million in losses. 

Two former employees of financial services firm Monarch Advisory have lost their appeal of a $270,000 damages award after they were found to have breached a non-compete agreement.