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The legal profession is mourning the death of long-serving barrister and former Federal Court judge David Jackson KC, hailed as a "giant of the Australian Bar".
Mining magnate Clive Palmer and two of his mining firms have lost a High Court challenge seeking to overturn a Western Australian law which prevented him from suing the state government for $30 billion over mining tenements in the Pilbara.
Clive Palmer and his company Mineralogy have lost a challenge to a Western Australia Supreme Court decision staying a $263 million lawsuit against Hong Kong-based CITIC, with an appeals court finding the mining giant's decision to abandon and relitigate matters amounted to "unjustified trouble and harassment".
The Australian Securities and Investments Commission has scored a victory before the High Court, with the court unanimously finding that the term "officer" under the Corporations Act is not limited to those that hold official positions within a company.
The High Court has shut down a lawsuit by mortgage aggregator Connective Services over the transfer of one third of the company's shares after finding the proceeding prejudiced shareholders and contravened the Corporations Act.
The High Court has granted special leave to mortgage aggregator Connective in a dispute between the firm's founder and major shareholders over a transfer of one-third of the company's shares, in a case that could clarify whether litigation should be considered a prohibited form of financial assistance under the Corporations Act.