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The plaintiffs in three competing RCR Tomlinson shareholder class actions have been told to “get their act together” by the judge who forcibly consolidated their proceedings, after the parties revealed they were as yet unable to agree on joint funding terms.
The competition regulator has raised concerns about Bis Industries’ proposed acquisition of Cougar Mining Group, saying the threat of new competitors appeared unlikely to significantly constrain the combined company.
The Australian Energy Regulator has launched legal action against energy giant AGL and three wind farm subsidiaries over a statewide blackout in South Australia three years ago.
Mining magnate Clive Palmer says he feels "vindicated" after reaching a multimillion dollar settlement that resolves the majority of claims brought against him following the $200 million collapse of his company Queensland Nickel in 2016.
A judge has signed off on the walkaway settlement reached in one of four St Patrick’s Day bushfire class actions filed by Maddens Lawyers, noting that the plaintiff faced a “very real risk of not succeeding” in some of its primary claims.
Spanish oil and gas company Duro Felguera has filed Federal Court proceedings to enforce a $139 million arbitration award related to the Pilbara-based Roy Hill mine, which is majority owned by Gina Rinehart's Hancock Prospecting.
The judge overseeing three competing shareholder class actions brought against RCR Tomlinson has refused to entertain a beauty contest, instead deciding to consolidate the proceedings whether the parties “agree or not”.
Australian coal miner Moreton Resources has won a Full Federal Court appeal over tax offsets it claims are owed over a failed pilot project testing underground coal gasification, a process which was ultimately banned in Queensland.
A judge has rejected a proposed common fund order in the settled KPMG class action, saying the funder's commission was "arguably excessive" and could result in a "stratospheric" return to the firm.
A court has stayed a case against global lithium miner Galaxy Resources after finding that an insurance policy by the plaintiff's funder and an associated undertaking and deed of indemnity were insufficient to cover security for costs.