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BHP says shareholders can’t expand class action because of ‘drafting error’
BHP has told an appeals court a shareholder class action should not be allowed to expand the group definition to correct an alleged drafting error.
ASIC launches formal MinRes probe over Ellison tax dodge claims
The corporate cop has launched a formal investigation after the airing of tax evasion allegations against Mineral Resources' billionaire founder, Chris Ellison.
MinRes boss Chris Ellison to step down after disclosure, integrity failures
Founder and managing director of mining company Mineral Resources Chris Ellison will step down after an internal investigation found he engaged in misconduct.
Brookfield wins conditional approval for $10B Neoen play
The ACCC will clear asset manager Brookfield's $10 billion acquisition of French renewables giant Neoen on the condition that it shed Neoen's Victorian assets and projects.
BHP class action gets 3 extra weeks for high-stakes trial
A shareholder class action against BHP over the 2015 Fundao dam collapse in Brazil has won a bid to add an extra three weeks to a six-week hearing to account for any evidentiary surprises.
Freehills the firm of choice for MinRes, WiseTech as bosses face scrutiny
As Mineral Resources and WiseTech face shareholder glare over accusations levelled at their billionaire bosses, it is Herbert Smith Freehills that their embattled boards have turned to.
Judge rejects franchisees’ ‘colourable’ cross-claims against United Petroleum
United Petroleum will not face cross-claims by franchisees, with a judge calling the bid “a very colourable application” to create overlap with a class action in the Supreme Court.
Santos’ net zero plan ‘little more than speculation’, trial court told
Santos’ plan to reach net zero greenhouse gas emissions by 2040 was “little more than a series of speculations”, a shareholder group has said on the first day of trial in a landmark greenwashing case.
Clive Palmer’s nephew tells High Court he’s beyond reach of contempt
Clive Palmer's nephew has applied to the High Court for review of a decision rejecting his bid to dodge contempt proceedings, arguing he did not submit to the court's jurisdiction.
HFW recruits Clifford Chance construction disputes partner
HFW has secured the expertise of a construction disputes specialist, set to join its Perth office in November from Clifford Chance.