Global engineering firm CIMIC Group has been hit with costs after a last-minute subpoena of three new potential witnesses caused the three-week trial that was due to commence later this month to be vacated.
Mining firm Mach Energy is facing legal action from its former managing director over $20 million in shares allegedly owed under an equity incentive scheme.
The trial in a much anticipated shareholder class action against engineering firm WorleyParsons scheduled to commence this week has hit a roadblock, with a last minute change in the judge that will hear the matter.
The ACCC’s chairman Rod Sims has fired a warning shot across the bows of Australia’s gas suppliers, saying high prices had put businesses at risk and urging them to do more to rectify the situation themselves.
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.
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.
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.
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.
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.
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.