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FX Group Holdings has partly succeeded in its appeal of a finding that it owes private equity firm CPE Capital $96.89 million in a dispute over a profit-sharing agreement tied to the sale of CPE’s stake in trading platform Pepperstone.
Construction PRO
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.
A judge overseeing the trial in a case against a group of insurers over the collapse of Greensill Capital has ruled that a report by a Japanese law firm is privileged despite the absence of legal professional privilege in Japan.
Construction PRO
A community group has won the first-ever climate change case to go to the High Court, which found Wednesday that a planning authority was required to consider the climate impacts of downstream emissions before approving MACH Energy's bid to expand its Mount Pleasant coal mine.
Greensill investor White Oak is fighting insurer Tokio Marine's claim of privilege over a report by a Japanese law firm into the collapse of the supply chain financier, saying the privilege is not recognised in Australia.
Construction PRO
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.
An appeals court has rejected a Sydney solicitor’s challenge to a finding that he engaged in unsatisfactory professional conduct after he inaccurately recounted a judge’s comments in a letter to a costs assessor.
Construction PRO
The liquidators of the Tahmoor coal mine in NSW, formerly owned by Sanjeev Gupta’s GFG Alliance, have lost their bid to disclaim a royalties deed in favour of former owner Glencore, with a judge finding it was not an “unprofitable contract”.
Construction PRO
The liquidators of a NSW coal mine formerly owned by Sanjeev Gupta’s GFG Alliance have applied to the court to disclaim a deed under which GFG paid handsome royalties to former owner Glencore.
Construction PRO
In the first climate change case to reach its doors, the High Court has been urged to reject Mach Energy’s “strict approach” to considering the local impacts of its Mount Pleasant coal mine extension under the Environmental Planning and Assessment Act.