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AIG has settled a lawsuit brought by Kaboko Mining against several former directors alleging they failed to exploit commercial opportunities, after the insurer failed to convince an appeals court that an insolvency exclusion in the company's D&O policy should exempt it from covering the claims.
In a win for ASIC, a judge has found that former oil and gas company Antares Energy violated its continuous disclosure obligations by failing to reveal the name of the buyer behind an ill-fated US$254 million acquisition of Texan oil assets.
A court has ordered comparison website iSelect to pay $8.5 million in penalties for making misleading representations through its online electricity comparison service and pushing plans to consumers that were not necessarily best suited for them.
Engineering company Howden Australia can view the laptop and other electronic devices of an employee accused of stealing confidential information, after a judge found there was evidence suggesting the worker had not been "entirely truthful" with the court.
Dam operator Sunwater wants evidence from Maurice Blackburn, the law firm behind the landmark Queensland flood class action, showing how the applicant will calculate aggregate damages for around 6,800 group members.
An appeals court has declined to dismiss an international law firm's appeal of a ruling staying its case against a former director who formed a breakaway law firm with a former Freehills partner and Westpac in-house counsel and lured away lucrative oil and gas clients.
The Queensland Supreme Court has shot down an "entirely speculative" bid by two Clive Palmer-owned companies to access information held by two law firms and a litigation funder, as the mining magnate mulls a lawsuit for potential breaches of a settlement reached in the Queensland Nickel liquidation proceedings.
Deloitte Touche Tohmatsu has asked a court to toss a majority of claims in a lawsuit brought by 63-year-old partner Colin Brown over the firm's alleged discriminatory retirement policy that he claims has cost him almost $4 million.
Western Australian Premier Mark McGowan has struck back at a defamation lawsuit by Clive Palmer, filing a counterclaim accusing the mining magnate of making a number of defamatory statements, including that he was a "liar" involved in "covering up" illegal activity.
A mine worker employed at BHP's Olympic Dam is suing the company after she was sacked for allegedly harassing a co-worker on social media for their apparent failure to self isolate on returning from a trip interstate at the start of the first wave of COVID-19 cases in Australia.