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Glencore’s appeal fails in fight over Port of Newcastle access charges
Coal producer Glencore has lost the latest round in a long-running dispute with Port of Newcastle over access charges.
‘The court expects more of lawyers’: Judge reams class action litigators
A judge has bawled out lawyers in a case against water treatment firm Phoslock and auditor KPMG for putting forward a High Court ruling for the mistaken proposition that he had power to make the class closure order sought.
IAG’s proposed $1.35B acquisition of RACWA faces further review, again
The ACCC will look deeper at IAG's proposed acquisition of the RACWA's insurance operations for the second time, saying there were concerns the transaction could substantially lessen competition.
Construction PRO
Dexus accepts it disclosed APAC’s confidential info, denies breaching deed
Previewing Monday's closing arguments in its legal tussle with the operator of Melbourne Airport, co-owner Dexus says it won't deny a long-term model given to potential share purchasers was confidential. But here's the kicker -- the disclosure didn't run afoul of its shareholder agreement, it says.
Rinehart’s Hancock Prospecting must pay royalties in iron ore mine battle
Australia's richest person Gina Rinehart could be on the hook for millions of dollars in royalty payments, in a long-running battle over lucrative iron ore mining tenements in Western Australia's Pilbara region.
Construction PRO
APAC director who voted for default said Dexus ‘preferred own interests’
T Corp's representative on the board of Melbourne Airport operator APAC said Thursday he voted to issue a notice of default to shareholder Dexus in part because the real estate asset manager "appeared to prefer its own interests".
Firm that offended judge appeals ruling on scope of NT housing class action trial
The firm behind a class action over remote housing in the Northern Territory has appealed a decision rejecting its bid to undo orders on the scope of the initial trial, after the judge disregarded submissions by a class action solicitor that "affronted" her.
Construction PRO
‘Look at data room downloads’: APAC director says worries over Dexus leak genuine
Pointing to the "number of downloads in the data room", a director of Melbourne Airport's operator has told a court his concerns about information falling into the hands of international airlines during Dexus' share sale were real.
In Brambles class action win, shareholders show imperfect loss analysis OK
Before the decision in the Brambles case this week -- the first shareholder class action to succeed at trial -- the path to proving loss from disclosure breaches was a thicket of, well, brambles. Now after six consecutive losses, Justice Bernard Murphy has paved the way for plaintiffs to prevail.
Construction PRO
Gina Rinehart liable for royalties in fight over Hope Downs mine lease
Mining magnate Gina Rinehart is on the hook for royalties payable to the heirs of iron ore pioneers Don Rhodes and Peter Wright, a judge has held in a long-running battle over lucrative tenements in the Pilbara region.