A judge has cut a 35 per cent contingency fee sought by a law firm running a shareholder class action against Origin Energy, even after a different judge approved the rate in a separate case by the firm.
A court has rejected a bid by a Hazelwood power plant contractor to pursue an offsetting claim for an alleged breach of confidentiality in response to a $1.7 million demand from a subcontractor.
A judge hearing a class action over the collapse of mining company Cudeco has questioned why, despite an in-principle settlement being reached with auditor KPMG, the parties have not sought to formally dismiss the claim.
A heritage bid to protect Murujuga’s rock art in Western Australia has languished with the environment minister for more than three years, a court has heard, leaving gas giant Woodside to continue to threaten the sacred spot.
The Australian Competition and Consumer Commission is looking into energy companies’ promotional materials after consumer advocacy group CHOICE complained that offers of savings are designed to overwhelm and confuse while not offering real value.
The state of Victoria has launched an inquiry into the risks associated with decommissioning the state’s oil and gas infrastructure to ensure that energy companies meet their obligations.
A judge has rejected Roy Hill’s bid for a declaration that two of its mining leases could not be impeached as long as they are the subject of a registered mortgage, saying it would preclude any challenges.
Igneo Infrastructure’s Australian renewable energy platform Atmos Renewables has acquired the remaining stake in the 316MW Hornsdale wind farm from Neoen Australia in a $400 million deal.
Set to power 60,000 homes, a new solar farm and battery energy storage system in Muswellbrook, NSW has won fast-track government approval.
Magnis Energy Technologies has missed the deadline to file its evidence in ASIC proceedings over allegedly misleading disclosures about its lithium ion battery plant, with a court hearing the company’s new lawyers have not had a chance to brief counsel.