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Class action investigation targets Magnis Energy, auditor Hall Chadwick
Securities 2024-02-05 4:42 pm By Cindy Cameronne

A law firm is investigating an shareholder class action against lithium battery producer Magnis Energy Technologies and auditor Hall Chadwick after its share price plummeted […]

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Rio Tinto shielded by war sanctions from wrath of Russian aluminium producer
Energy & Natural Resources 2024-02-01 4:17 pm By Cindy Cameronne

Russia’s largest aluminium producer UC Rusal has lost a breach of contract lawsuit brought against six Rio Tinto companies after they refused to deliver alumina […]

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‘Nothing that I can do’: Judge reluctantly imposes $1.8M penalty on Westpac in Ausgrid case
Financial Services 2024-01-31 12:41 pm By Cindy Cameronne

A judge has reluctantly hit Westpac with a $1.8 million penalty after the bank admitted to unconscionable conduct when trading on the morning of a […]

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Ochre liquidator can serve missing directors by email, judge says
Restructuring & Insolvency 2024-01-26 1:46 pm By Sam Matthews

A judge has given a liquidator the green light to use substituted service to serve court documents on two directors of failed iron ore producer […]

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Ex-Continental Coal secretary pleads guilty to stealing, forgery
White Collar 2024-01-24 11:57 pm By Cindy Cameronne

A former company secretary of defunct mining and exploration company Continental Coal has pleaded guilty to three criminal charges, including stealing $2.2 million and forging […]

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Thiess dodges lawsuit over $54M contract for Wheatstone natural gas project
Energy & Natural Resources 2024-01-23 2:38 pm By Cindy Cameronne

Thiess has defeated a lawsuit by a rock supplier seeking $9.3 million in damages for alleged delays by the mining services giant in receiving materials […]

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Ventia can’t recoup $5.6M from Western Power in bushfire class action
Class Actions 2024-01-16 4:17 pm By Cindy Cameronne

Subcontractor Ventia Utility Services had lost its bid to recover $5.6 million in alleged overpayments to class action group members from co-defendant Western Power, after […]

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Tiwi Islander loses challenge to Santos’ $5.6B Barossa pipeline
Energy & Natural Resources 2024-01-15 1:30 pm By Cindy Cameronne

Energy company Santos has defeated a challenge by a Tiwi Islander traditional custodian to the construction of a pipeline for its $5.6 billion Barossa gas […]

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United Petroleum outlets sued by FWO for underpayments
Employment 2024-01-10 2:14 pm By Cindy Cameronne

The Fair Work Ombudsman has brought proceedings against three United Petroleum-branded outlets in Tasmania and South Australia, alleging they underpaid migrant workers by more than […]

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ACCC blesses $1.15B Viva Energy, OTR tie-up with divestitures
Competition & Consumer Protection 2023-12-14 10:46 pm By Cat Fredenburgh

The ACCC has signed off on Viva Energy’s $1.15 billion acquisition of South Australia-based convenience store chain On The Run Group, after it agreed to […]

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