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A judge has ordered the lead applicant in a failed class action against Queensland utilities Stanwell and CS Energy, which was slated to be worth $1 billion, to pay $32.4 million in costs.
The applicant in a failed class action against Queensland utilities Stanwell and CS Energy can't get its hands on fee invoices as it prepares its response to a claim for recovery of what could be up to $40 million in costs.
Construction PRO
Energy giant Santos has won a dispute over its Gladstone LNG project, described by a court as "litigation on a monumental scale", securing a $692 million judgment against engineering firm Fluor with the help of four silks.
A failed class action against Queensland utilities Stanwell and CS Energy can't delay payment of what might be in excess of $30 million in defence costs while it pursues an appeal, but has dodged a penalty for running a case the companies said was hopeless.
The corporate regulator has asked the Full Court to stamp out avenues for corporate mischief, as it challenges a finding about the authorised representative exemption to the licence requirement of financial services providers.
A failed competition class action by Queensland electricity customers accusing utility companies Stanwell and CS Energy of misusing their market power has been appealed to the Full Court.
A competition class action against Stanwell and CS Energy has been tossed, with a judge finding the power companies' conduct was legitimate “profit maximisation behaviour”.
A court has found Qoin cryptocurrency issuer BPS Financial made false and misleading claims about its product, in a win for the corporate regulator and a likely boost for a class action against the Gold Coast-based digital currency company.
A judge has rejected an application by training provider Captain Cook College to postpone the hearing of its appeal in a case won by the ACCC, saying the company's inability to fund the appeal was “largely a problem of [its] own making.”
Oil and gas producer Santos has successfully challenged the summary dismissal of its claim for recovery of more than $470 million paid to contractor Fluor Corporation in overhead costs incurred after the estimated completion date of gas hubs in the Surat Basin.