Jonathan Burnett

Tossing a case by Tahmoor Coal's liquidators over a royalty deed that gave Glencore payments in perpetuity and impacted the company's sale price, an appeals court has found the deed was not unprofitable just because creditors might get a better return without it.

The liquidators of GFG Alliance's Tahmoor Coal have lost their appeal of a decision over a royalties deed in favour of former owner Glencore.

A fight over the sale of Dexus' shares in Melbourne Airport operator APAC “may well” go to the High Court, a judge said Friday, as the infrastructure asset manager tells the court the sale may be in the “many billions of dollars".

Dexus is challenging the costs claimed by its opponents in a case over the sale of shares in Melbourne Airport operator APAC, calling out billed items that include after hours Uber Eats charges. 

The liquidators of GFG Alliance's Tahmoor Coal are challenging a decision over a royalties deed in favour of former owner Glencore.

A judge has frozen a DOCA for failed mining company Mine & Rail's Australian business, the latest chapter in a dispute with US investor Tacora Capital, which has sued in the US alleging the company concealed its deteriorating financial position while securing more than US$30 million in funding.

Dexus' decision to resist an undertaking as part of a deal to temporarily block the compulsory sale of its shares in airport operator APAC has been criticised by a judge for resulting in an "appalling waste" of time and money.

Super fund trustee REST Nominees is the first of the Dexus bloc of APAC shareholders to challenge a finding that a default notice issued by the board of the airport operator was valid.

A judge has accepted that Cbus’ agreement to buy a 50 per cent stake in Sydney’s troubled Halo Tower could fall through if the beleaguered developer behind the project is forced to remain in administration, shooting down a challenge to a DOCA.

A court has dismissed a bid to temporarily block a deed of company arrangement for Halo Tower developer FT Sydney, after hearing an injunction might jeopardise a sale to Cbus Property, set to settle in July.