Industries

A judge has ruled that IG Power is not required to reimburse Genuity $24.4 million in interest charged by its parent company on a $60 million loan to rebuild the Callide power station, finding the loan was intended to be interest free. 

A fund manager has succeeded in striking out claims it was knowingly involved in an uncommercial loan scheme, in a case by FSM Development liquidators that also targets Ray White and Mallesons.

A Newcastle residential development had lost its bid to pay around $6 million in damages in monthly installments, with a judge saying there was no evidence paying the amount would put the group in a bad financial situation.

Meridian Lawyers has nabbed an insurance litigator from Lander & Rogers who has worked on combustible cladding matters to co-head its professional and financial risk group. 

Chevron wants a "tight" timeline in a legal challenge related to its Gorgon liquified natural gas project, telling a judge that it's spending $40 million a month to keep staff ready for the project.

A judge has ordered the parties in an investor class action against Virgin to consult with experts on how to use AI in an upcoming seven-week trial, one day after the judge made similar orders in a class action against Blue Sky.

Produce wholesaler Perfection Fresh has admitted liability in the competition watchdog's case alleging it made price-fixing arrangements with other suppliers before submitting weekly quotes to Aldi. 

Coles will continue its fight against the ACCC's decision to block its plans to lease a new site in Kalgoorlie, WA in the Competition Tribunal only, dropping a Federal Court challenge.  

Western Power has hired the former Sex Discrimination Commissioner to lead a review into its workplace culture and safety, as MinterEllison investigates claims that employees provided character references for a former manager convicted of raping a colleague.