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Beach Energy faces second shareholder class action
Beach Energy has been hit with a second shareholder class action in as many days over allegedly misleading earnings projections for its Western Flank oil and gas reserves in the Cooper Basin.
Acciona sues to cancel Kwinana renewable energy plant contract due to COVID-19
Spanish infrastructure company Acciona has filed a lawsuit to get out of an engineering and construction contract for the $696 million Kwinana waste-to-energy plant in Western Australia, citing disruptions from the COVID-19 pandemic.
Beach Energy hit with shareholder class action over Western Flank projections
South Australian oil and gas firm Beach Energy has been hit with a class action over allegedly misleading earnings projections for its Western Flank oil and gas reserves in the Cooper Basin.
Law firm seeks to drop two class actions on behalf of coal mine casuals
A law firm that has filed seven class actions on behalf of casual coal mine workers is looking to discontinue two of those cases, after the High Court dealt them a serious blow by finding that those who work regular shifts are not entitled to paid leave and other entitlements under the Fair Work Act.
Judge throws out challenge to funding for Queensland energy class action
A judge has thrown out a lawsuit that argued the funding for a class action against two Queensland energy generators didn't comply with new regulations targeting litigation funders, and said a landmark judgment that held class action funding agreements were managed investment schemes was conceptually incoherent and ripe for a Full Court challenge.
ASIC hits Griffin Coal with criminal charges over financial reports
The Australian Securities and Investments Commission has hit beleaguered mining firm Griffin Coal with criminal charges over its alleged failure to lodge annual financial reports for 2019 and 2020.
Court orders CBA to hand over oil and gas project books in climate change case
The Commonwealth Bank of Australia will have to hand over a preliminary tranche of documents relating to seven large-scale oil and gas projects it is financing in a lawsuit that will test whether the bank has complied with its stated commitments on climate change.
WA Premier engaged in ‘disgraceful and dishonourable’ conduct, Clive Palmer tells defamation judge
The court has given the green light to an amended defamation defence by Clive Palmer which accuses Western Australia Premier Mark McGowan of "disgraceful and dishonourable conduct" and abusing his position by hastily and secretly enacting legislation that barred the billionaire mining magnate from suing the state for $30 billion.
Class action investigation launched over $200M Gippsland mineral sands mine
A class action investigation is underway on behalf of property holders and business owners in the Gippsland region who have allegedly been intimidated into selling their assets for the development of the $200 million Fingerboards mineral sands mine.
Court blocks short seller from releasing Vulcan Energy report
Lithium producer Vulcan Energy has won a court injunction blocking Beijing-based short seller J Capital from releasing a critical report on the Perth-based company for one week.