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Origin, Australia Pacific LNG get ACCC ok to swap Ironback gas project for $231M
Competition & Consumer Protection May 22, 2019 12:09 pm By Cat Fredenburgh

The ACCC will not oppose Origin Energy’s sale of the Ironback coal seam gas project to joint venture partner Australia Pacific LNG for $231 million, […]

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CIMIC faces bid for indemnity costs after last-minute subpoenas derailed class action trial
Class Actions May 21, 2019 4:20 pm By Miklos Bolza

The lead applicant in a shareholder class action against global engineering firm CIMIC Group has made a bid for indemnity costs, after a last-minute subpoena of three former executives led to the trial being vacated.

Class action says UGL should have forecast $129M loss on Ichthys LNG project
Class Actions May 21, 2019 8:00 pm By Miklos Bolza

UGL knew a loss for its Ichthys power project was “looming” as early as February 2014, according to amended pleadings in a shareholder class action, which claims the engineering firm should have forecast a loss of $129 million for the project.

WorleyParsons unit to contest $132M arbitration award in Vietnamese mining dispute
Arbitration May 20, 2019 12:40 pm By Miklos Bolza

Engineering firm Jacobs E&C, which was acquired by WorleyParsons last year, has said it will resist an arbitration judgment of around $132 million handed down […]

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Judge sends suit in Mineralogy Sino Iron litigation ‘shemozzle’ to WA
Energy & Natural Resources May 20, 2019 8:44 pm By Miklos Bolza

A Federal Court judge has transferred a case brought against Clive Palmer and his firm Mineralogy to the Western Australian Supreme Court, where a number […]

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MACH Energy attacks former director’s ‘inconsistent’ pleadings in $20M lawsuit
Employment May 16, 2019 4:47 pm By Miklos Bolza

Mining firm MACH Energy may move to strike out “inconsistent” pleadings in a $20 million lawsuit brought by its former managing director, Scott Winter, whose […]

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BHP wins bid for High Court intervention in $82M fight with tax office
Tax May 15, 2019 10:42 pm By Christine Caulfield

The High Court has agreed to take up an appeal by mining giant BHP Group Limited in its battle with the Australian Tax Office over […]

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Viva Energy can’t block arbitration in oil tanker dispute, judge says
Arbitration May 14, 2019 3:18 pm By Cat Fredenburgh

A judge has sent a dispute between oil giant Viva Energy and a Panama-based oil transporter over petroleum allegedly contaminated during transport into arbitration. In […]

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Irrigators bring $830M class action against Murray-Darling Basin Authority
Class Actions May 14, 2019 10:45 pm By Christine Caulfield

Irrigators in Australia’s South East have launched a class action against the Murray-Darling Basin Authority claiming its mismanagement of the river system caused up to […]

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ASIC wants Merlin Diamonds wound up over $13M in unauthorised loans
Restructuring & Insolvency May 14, 2019 10:25 pm By Cat Fredenburgh

The Australian Securities and Investments Commission wants ASX-listed diamond mining company Merlin Diamonds wound up, expressing concerns about the company’s solvency and over $13 million […]

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