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Wind farm co. settles class action over bushfire caused by electrocuted crow
Class Actions 2018-11-14 3:22 pm By Cat Fredenburgh

Renewable energy company Infigen Energy has agreed to settle a class action over the January 2017 Currandooley bushfire that was sparked by a crow that was electrocuted from a transmission line carrying power from the company’s Woodlawn wind farm near Tarago, New South Wales.

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Ex-CFO said Rio Tinto reserve write down would be ‘worse by far than expected’, ASIC claims
Corporate 2018-11-13 11:21 pm By Cat Fredenburgh

The Australian Securities and Investments Commission claims Rio Tinto’s former CFO was referring to the write down for the reserves for two coal assets that were part of a $4 billion acquisition of Rio Tinto Coal Mozambique when he sent an email to the company CEO in January 2012 that contained the phrase “worse by far than expected”.

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Class members get nothing in $2.6M bushfire class action settlement
Class Actions 2018-11-13 3:08 pm By Cat Fredenburgh

A court has signed off on a $2.6 million settlement in a class action against Endeavour Energy and two other companies over the 2013 Mt Victoria bushfires that will leave class members empty-handed.

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Palmer can’t stop Queensland Nickel liquidators from asking after fugitive nephew
Restructuring & Insolvency 2018-11-09 3:43 pm By Cat Fredenburgh

A judge has shot down a bid by Clive Palmer to block the liquidators of Queensland Nickel from making enquiries as to the whereabouts of his fugitive nephew, the sole registered director of the refinery when it collapsed.

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Adero argues class action should be heard before casuals test case
Employment 2018-11-08 10:29 pm By Cat Fredenburgh

Adero Law is seeking to intervene in a Federal Court case against WorkPac over the rights of casual workers, arguing a class action it plans to bring against the labour hire firm should be heard first.

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Government to block $13B Chinese takeover of Australian gas network
Competition & Consumer Protection 2018-11-08 12:35 pm By Cat Fredenburgh

The Morrison Government plans to block the $13 billion acquisition of Australian energy infrastructure business APA Group by a Hong Kong group of companies led by CK Group, saying the deal was not in the national interest.

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Fueltrac to sue Queensland over copyright for pump price report
Intellectual Property 2018-11-07 11:35 pm By Cat Fredenburgh

The Federal Court will hear a dispute between Fueltrac and the State of Queensland over the copyright for the fuel data reporting company’s monthly pump price report.

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Second judge steps down ahead of Queensland Nickel trial
Restructuring & Insolvency 2018-11-05 11:00 pm By Cat Fredenburgh

Billionaire Clive Palmer has succeeded in knocking a second judge off a case brought against him by the liquidators of failed Queensland Nickel, after arguing that a previous ruling disqualified him.

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PetroHunter unit’s case over Beetaloo Basin JV survives dismissal bid
Energy & Natural Resources 2018-11-05 9:21 pm By Miklos Bolza

A subsidiary of US-based PetroHunter Energy has defeated calls to toss its case over $70 million in allegedly unpaid contributions and contractual breaches stemming from a joint mining venture in the Northern Territory’s Beetaloo Basin.

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UGL knew LNG project was behind schedule by April, class action says
Class Actions 2018-11-01 11:10 pm By Cat Fredenburgh

UGL knew by April 2014 that there were delays with the Ichthys LNG project, but failed to make required disclosures to shareholders, according to an amended pleading in a shareholder class action against the engineering company.

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