A judge has ordered directors of collapsed mining company Termite Resources to pay $7 million in damages after finding they breached their duty by distributing more than $46 million to its parent company and failing to maintain a cash reserve of at least $10 million.
Australia’s largest independent coal producer Whitehaven Coal Mining has been convicted and fined $38,500 after potentially harmful gas drifted from one of its mines across neighbouring farmland.
Trial in a shareholder class action against engineering company WorleyParsons will be heard by a new judge in late August, six months after it was unexpectedly vacated.
Mach Energy is fighting a second lawsuit by a former director alleging he is owed $13 million in shares under an equity incentive scheme based on the performance of the Mount Pleasant coal project acquired from Rio Tinto in 2016.
Viva Energy has been convicted and fined $100,000 for polluting Sydney Harbour after a marine fuel oil spill from a corroded pipe at the company’s Gore Bay terminal on New Year’s Eve three years ago.
Leading solar panel manufacturer Hanwha Q CELLS has launched a patent lawsuit against two of its biggest competitors for allegedly importing solar products into Australia that infringe its patented solar technology.
Liquidators for the failed Queensland Nickel will be able to interrogate Clive Palmer’s wife over the assets of her husband’s other company, Mineralogy, after telling a court they feared Palmer was squandering company funds on his political campaign.
Jones Day has bolstered its global disputes practice in Melbourne, bringing on experienced international dispute resolution lawyer Leah Ratcliff from BHP.
Telecommunications giant Telstra has taken a Victoria-based green energy company to court, alleging infringement of its trade mark for broadband subsidiary Belong.
Chemical giant BASF is appealing an IP Australia ruling that allowed US-based Lubrizol Corporation to amend certain claims of its patent for an improved fuel additive.