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MACH Energy settles $20M lawsuit by former director
Employment September 17, 2019 10:18 pm By Cat Fredenburgh

Mining firm MACH Energy has resolved a lawsuit brought by a former director seeking $20 million in shares allegedly owed under an equity incentive scheme. […]

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Vietnamese mining firm drops $132M arbitration award dispute with WorleyParsons unit
Arbitration September 11, 2019 1:35 pm By Miklos Bolza

The operator of a Vietnamese mine has dropped its Federal Court proceedings against WorleyParsons subsidiary Jacobs E&C over the enforcement of a $132 million arbitration […]

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Corporate cop looks to bolster Rio Tinto case with US evidence from PwC witness
Energy & Natural Resources September 10, 2019 4:38 pm By Miklos Bolza

The Australian Securities and Investments Commission is seeking evidence from US proceedings in its case against Rio Tinto alleging the mining giant misled shareholders about […]

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Iluka class action saved as new funder signs on
Class Actions September 5, 2019 1:38 pm By Miklos Bolza

A shareholder class action against mineral sands producer Iluka Resources has locked in litigation funding, ending months of uncertainty about the fate of the proceedings. […]

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WorleyParsons ditches bid to close down class action mid-trial
Class Actions September 4, 2019 8:03 pm By Amelia Birnie

WorleyParsons has abandoned its mid-trial application to shut down a shareholder class action, amid uncertainty about whether the engineering company would be required to surrender […]

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CIMIC attacks ‘forests of contingencies’ in class action pleadings
Class Actions September 4, 2019 2:26 pm By Miklos Bolza

Engineering services firm CIMIC Group has attacked the pleadings in a shareholder class action against it, saying needlessly convoluted paragraphs containing a “numerically vast number […]

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ACCC loses appeal in cartel case over coal mining licences
Appeals September 4, 2019 3:46 pm By Miklos Bolza

The Australian Competition and Consumer Commission has failed in its appeal of a ruling that dismissed its bid-rigging case over mining exploration licences involving Cascade […]

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WorleyParsons denies bid to shut down class action will spark ‘brave new world’
Class Actions September 3, 2019 9:32 pm By Amelia Birnie

Counsel for WorleyParsons has denied the engineering firm’s attempt to end a shareholder class action mid-trial would be the start of a “brave new world” […]

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Shine faces battle to keep WorleyParsons class action alive
Class Actions August 29, 2019 9:30 pm By Miklos Bolza

Engineering firm WorleyParsons has told the Federal Court it will press forward with a no case application in an attempt to shut down a shareholder […]

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WorleyParsons may try to shut down class action as trial kicks off
Class Actions August 28, 2019 4:54 pm By Miklos Bolza

WorleyParsons may seek to shut down a shareholder class action against it due to an “insuperable obstacle” caused by last minute pleading amendments, the engineering […]

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