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Macquarie Bank has been fined a record $4.995 million for failing to stop the placement of suspicious orders on the electricity futures market.
The nephew of Clive Palmer and former director of Queensland Nickel has failed to reverse a decision rejecting his bid to dismiss contempt proceedings related to the company’s collapse.
Whitehaven Coal has struck back at a class action led by the father of famed mining investor Nathan Tinkler, calling the claims that it failed to fulfil an implied term of a $150 million share subscription from 2012 "fanciful".
Shareholders in Whitehaven Coal who helped inject $150 million of capital during a 2012 merger are "trapped" after the ASX-listed coal producer failed to abide by its side of the deal, a class action funded by mining investor Nathan Tinkler has alleged on the first day of trial.
White & Case has snagged a partner from Maddocks with more than 25 years of experience in corporate real estate to assist the firm on global transactions and restructurings.
The Kingdom of Spain must pay $56,000 in security to bring its challenge in a long-running dispute over whether it must pay a $200 million arbitral award to two renewable energy investors.
A judge has found energy company AGL committed thousands of contraventions of the Retail Rules by continuing to deduct payments from welfare recipients after they had closed their accounts.
Convenience store chain On the Run is mulling proceedings against United Petroleum, which allegedly paid $120,000 to a public relations firm to run a “misleading” ad campaign accusing it of wage theft.
Fortescue has rejected Element Zero’s “implausible” claims that the start-up's founder was instructed by the mining giant's IP manager to access and delete certain documents after his resignation, as it defends allegations that search orders it won over the alleged misappropriation of its confidential information were based on weak evidence.
The Australian Conservation Foundation has reached an agreement with Woodside Energy to drop proceedings over the company's Scarborough gas project in Western Australia, which alleged the $16.5 billion joint venture could not go ahead until its climate impacts were assessed.