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Engineering firm acquired by WorleyParsons sued over $132M arbitration award
Arbitration 2019-04-17 3:47 pm By Cat Fredenburgh

The operator of a Vietnamese mine has filed a lawsuit seeking to enforce a $132 million arbitration judgment against  engineering company Jacobs E&C, which was acquired by WorleyParsons in December.

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Energy company director kicked off board for missing too many meetings files appeal
Corporate 2019-04-16 9:02 pm By Cat Fredenburgh

A director of an energy company who was kicked off the board for missing too many meetings has filed an appeal of a ruling dismissing his case over delays in complying with court requests after his lawyer from Maddocks withdrew from the case due to late payments.

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RCR Tomlinson class actions will fight to stay alive
Class Actions 2019-04-12 11:12 pm By Miklos Bolza

Two class actions against collapsed engineering firm RCR Tomlinson may be dismissed earlier than expected unless the Supreme Court allows them proceed against a liquidator who has said the failed company is strapped of funds.

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ACCC accuses iSelect of misleading customers over cheapest energy plans
Competition & Consumer Protection 2019-04-12 9:27 pm By Miklos Bolza

The Australian Competition and Consumer Commission has filed Federal Court proceedings against comparison website iSelect for allegedly favouring energy plans offered by preferred retail partners over other, cheaper alternatives.

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ITC opens investigation into patent infringement by solar giants
Intellectual Property 2019-04-05 10:24 pm By Cat Fredenburgh

The US International Trade Commission has opened an investigation into alleged patent infringement by solar companies  JinkoSolar, LONGi Solar and REC Group, after Korean solar company Hanwha Q CELLS filed two related proceedings in Australian court alleging the companies are infringing its solar technology.

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Funder to get 30% cut of confidential KPMG class action settlement
Class Actions 2019-04-05 1:19 pm By Miklos Bolza

Litigation funder Litigation Capital Management will snap up 30 percent of a confidential settlement amount that KPMG has fought to keep under wraps in a shareholder class action over a failed $830 million hostile takeover bid of mining firm Discovery Metals.

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ATO wins appeal over share sale by Cayman Islands-based private equity funds
Tax 2019-04-03 9:07 pm By Cat Fredenburgh

An appeals court has sided with the tax office in a dispute against two corporate limited partnerships formed in the Cayman Islands, finding that ATO tax assessments issued for the sale of shares in global mining company Talison Lithium were valid and correct.

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KPMG settles class action over $840M failed takeover offer
Class Actions 2019-04-02 8:43 pm By Cat Fredenburgh

A settlement has been reached in a class action against KPMG alleging it providing a misleading expert report to copper miner Discovery Metals that was used to reject a $830 million hostile takeover bid.

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Apache loses bid for separate trial in $83M tax credit spat with Santos
Energy & Natural Resources 2019-04-02 5:11 pm By Christine Caulfield

A judge has rejected a bid by a group of Apache Corporation companies to break up a looming trial in a long-running dispute with WA-based oil and gas company Santos, saying holding a hearing on separate issues would not be the time saver Apache claims.

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Casual worker class actions put on hold amid WorkPac Full Court appeal
Class Actions 2019-04-01 1:14 pm By Miklos Bolza

Two Adero Law-led class actions against Hays Specialist Recruitment and Stellar Personnel have been put on hold amid a looming Full Court appeal by Workpac which is expected to clarify the definition of casual work in Australia.

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