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ACCC probes $231M sale of Origin Energy’s Ironbark project to APLNG
Competition & Consumer Protection 2019-03-04 2:03 pm By Christine Caulfield

The Australian Competititon and Consumer Commission is investigating the proposed $231 million acquisition of Origin Energy’s Ironbark gas project in Queensland to Australia Pacific LNG.

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Clive Palmer loses appeal of order freezing $200M in assets in Queensland Nickel case
Restructuring & Insolvency 2019-02-25 10:10 pm By Christine Caulfield

Clive Palmer has lost a bid to overturn an order freezing more than $200 million in his personal assets in a case brought by the liquidators of collapsed Queensland Nickel.

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Former MP Ian Macdonald gets conviction overturned
White Collar 2019-02-25 9:11 pm By Miklos Bolza

A five-member appeals panel in the NSW Supreme Court has overturned former NSW Labor Minister for Mineral Resources Ian Macdonald’s conviction for wilful misconduct of public office in relation to the Doyles Creek Mining scandal.

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Sims Metal hit with shareholder class action
Class Actions 2019-02-22 4:54 pm By Cat Fredenburgh

Sims Metal is facing a shareholder class action over an earnings guidance that allegedly failed to take into account a likely fall in scrap metal prices.

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Law firm can’t replace uncooperative expert in KPMG class action, judge says
Financial Services 2019-02-22 4:17 pm By Cat Fredenburgh

A judge has denied law firm Piper Alderman’s request to replace an uncooperative expert witness in a class action against KPMG over a failed takeover offer, three weeks before the matter goes to trial.

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One Key Workforce liquidators win fight with CFMMEU over access to $1M
Article 2019-02-20 11:04 pm By Christine Caulfield

The Construction, Forestry, Maritime, Mining and Energy Union has lost a battle with liquidators for failed labour hire business One Key Workforce over access to $1 million it said was owed in unpaid wages only to its members.

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Gov’t sued for supplying water to Adani’s $2B Carmichael coal mine
Energy & Natural Resources 2019-02-20 3:22 pm By Miklos Bolza

The Federal Government failed to read public submissions in approving a “flawed” assessment of a project supplying Adani’s controversial Carmichael coal mine with over 12.5 billion litres of water, an environmental group has told a court.

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Mining exec gets 18 months for insider trading
White Collar 2019-02-11 10:02 pm By Cat Fredenburgh

A former mining executive has been sentenced to 18 months in prison for buying shares in ASX-listed Minotaur Exploration based on information gleaned through a joint venture with the mining exploration company.

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Judge tosses ‘fanciful’ St. Patrick’s Day bushfire class action
Class Actions 2019-02-07 9:45 pm By Cat Fredenburgh

A judge has dismissed a class action against Powercor over a bushfire in the Gazette area of South West Victoria on St. Patrick’s Day 2018, calling the allegations “fanciful”.

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Class action threat hurt Boart Longyear scheme vote, judge says
Corporate 2019-02-06 9:02 pm By Cat Fredenburgh

A judge has recommended another shareholder vote over Boart Longyear’s plan to move to Canada, saying a letter by a minority shareholder warning the move could imperil a possible class action against the distressed mining services company was misleading and affected the integrity of the vote.

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