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‘Nothing more than a witch hunt’: Clive Palmer agrees to multimillion dollar Queensland Nickel settlement
Restructuring & Insolvency August 6, 2019 8:20 pm By Amelia Birnie

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 […]

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Judge approves walkaway settlement in St Patrick’s Day bushfire class action
Class Actions August 6, 2019 6:50 pm By Amelia Birnie

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 […]

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RCR Tomlinson class actions to be consolidated whether parties ‘agree or not’
Class Actions August 5, 2019 6:15 pm By Amelia Birnie

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 […]

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Judge rejects ‘arguably excessive’ funder’s commission in KPMG class action
Class Actions July 31, 2019 11:52 am By Miklos Bolza

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 […]

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Moreton wins appeal over R&D tax credits for failed coal gasification project
Article July 31, 2019 3:39 pm By Miklos Bolza

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 […]

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Funder’s insurance insufficient security in case against lithium giant, judge says
Energy & Natural Resources July 26, 2019 10:05 pm By Miklos Bolza

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 […]

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Iluka threatens class action dismissal bid amid ongoing funding concerns
Class Actions July 24, 2019 9:19 pm By Amelia Birnie

Mineral sands producer Iluka Resources is threatening a dismissal bid in a shareholder class action it has spent $2 million fighting over the past year, […]

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Arrium directors in firing line after three-year investigation into $4B collapse
Restructuring & Insolvency July 23, 2019 4:39 pm By Amelia Birnie

Insolvency firm Kordamentha has filed proceedings against ten former directors of the Arrium Group, accusing them of breaching their duties to prevent insolvent trading after […]

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Judge urges Grant Thornton to consider Chinese wall in KPMG class action settlement
Class Actions July 22, 2019 10:10 pm By Amelia Birnie

The settlement of the Discovery Metals investor class action against KPMG has experienced another setback, after scheme administrator Grant Thornton flagged a potential conflict of […]

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Vocus to refund customers over misleading claims for second time in a month
Competition & Consumer Protection July 18, 2019 5:01 pm By Amelia Birnie

Vocus Group’s energy brands Dodo and CovaU have promised to refund their customers after being fined more than $50,000 by the consumer watchdog over allegedly […]

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