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Critical minerals producer Australian Ilmenite Resources wins NT lease
Energy & Natural Resources 2026-02-03 11:42 pm By Julia Kanapathippillai Sydney
The National Native Title Tribunal has partially granted a mineral lease to Australian Ilmenite Resources, finding the critical minerals producer's plans to expand ilmenite mining within one area in the Northern Territory was in the public interest.
Connective directors hit with indemnity costs for ‘outrageous’ conduct in shareholder stoush
Securities 2022-04-06 4:55 pm By Miklos Bolza Sydney
The directors of mortgage aggregator Connective Services have been hit with indemnity costs for their "outrageous conduct" in pursuing litigation against a company shareholder, including giving false statements and destroying evidence.
Macquarie a ‘knowing participant’ in Connective shareholder oppression, court says
Corporate 2022-03-28 8:57 pm By Miklos Bolza Sydney
Two directors of mortgage aggregator Connective engaged in oppressive conduct towards a minority shareholder and Macquarie Bank was a "knowing participant" when it acquired $5 million worth of shares in the company, the NSW Supreme Court has found.
Court tosses case over sacred trees at Western Highway upgrade site
Environment 2021-11-23 8:52 pm By Miklos Bolza Sydney
A court has summarily dismissed a lawsuit accusing the Victorian government of acting unlawfully by improving the Western Highway and threatening to harm six 'directions' trees of cultural significance to the Djab Wurrung people.
High Court won’t hear East Timor’s request to shut down $328M dispute
Energy & Natural Resources 2020-06-01 10:37 am By Cat Fredenburgh Melbourne
The High Court will not weigh in on a jurisdictional challenge by the Democratic Republic of East Timor to a lawsuit brought by Australian oil and gas company Lighthouse Corporation over $328 million in alleged losses stemming from a failed fuel supply agreement.
East Timor loses second attempt to shut down $328M fuel supply dispute
Arbitration 2019-12-09 3:05 pm By Miklos Bolza Sydney
An appeals court has thrown out the Democratic Republic of East Timor's second bid to stay a case brought against it by Lighthouse Corporation over $328 million in alleged losses stemming from a failed fuel supply contract.
UDP wins $25M from insurers over doomed 5 Star Foods deal
Corporate 2019-10-10 5:27 pm By Miklos Bolza Sydney
Hong Kong-based UDP was entitled to $25 million from its insurers after losing more than $30 million from its disastrous acquisition of dairy conglomerate 5 Star Foods, which had been secretly overcharging one of its biggest customers, food giant Lion Nathan Group.
East Timor can’t duck $328M fuel supply dispute with Lighthouse Corporation
Energy & Natural Resources 2019-05-07 8:13 pm By Miklos Bolza Sydney
The Democratic Republic of East Timor has lost its bid to dismiss a lawsuit brought by oil and gas firm Lighthouse Corporation over $328 million in alleged losses stemming from a failed fuel supply agreement, with a judge finding the court has jurisdiction to hear the case after an ICSID panel declined to arbitrate the dispute.