The law firm behind a class action against Origin Energy wants a 35 per cent contingency fee, arguing that a string of defeats in shareholders cases has “accentuated the uncertainty and complexities” of proving loss.
A new solar farm tipped to power 36,000 homes in NSW has been approved by the government in just 30 business days.
K&L Gates has bolstered its international arbitration practice group, appointing a multilingual Clifford Chance alumni to serve as partner.
Woodside has agreed to take over the operation of the Bass Strait gas assets from ExxonMobil Australia, in a “historic” deal that could unlock future gas development.
Dutch pension provider APG Asset Management has partnered with renewable energy fund manager and developer Octopus Investments, vowing to invest over $1 billion into Octopus’s flagship investment fund.
BHP has pushed back on reply submissions in a shareholder class action which the energy company says mistakenly interpret an internal report as putting the risk of collapse of BHP’s wastewater dam in Brazil at 25 to 50 per cent.
Private equity giant KKR has committed $500 million to speed the growth of CleanPeak Energy, an Australian company providing renewable energy solutions to blue-chip players in the commercial and industrial sectors.
NSW engineering firm Daracon Group has failed to overturn a state independent planning commission’s decision which rejected its plan to expand a hard rock quarry in the Hunter Region.
The judge who tossed a class action by Quintis’ shareholders should have found a restatement of assets would have materially affected the sandalwood company’s share price “as a matter of common sense”, a court has been told.
A decision this week from the International Court of Justice holding countries have an obligation to protect the climate from greenhouse emissions will open the door to innovative climate litigation, experts told Lawyerly.