Rio Tinto has signed a $430 million partnership agreement with Japan’s Sumitomo Metal Mining Co. to fast track development of its copper-gold project in Western Australia’s Great Sandy Desert.
Collapsed clothing brand Jeanswest has nearly $26 million in lease liabilities on stores nationwide, but buyers may bite, administrators have told the Federal Court.
Air Canada did not waive a defence allowing it to cap damages at $240,000 in a claim by several passengers over alleged spinal and psychological injuries caused by turbulence on a 2019 flight, the High Court has ruled.
Western Power, Ventia, and a property owner found jointly liable for loss arising from the Parkerville bushfire are equally liable to each other for any costs orders in favour of the plaintiffs in the case, after a judge found he could not disturb existing costs orders in a new proceeding.
The former CEO of the Star was not responsible for every aspect of the business and instead played a “supervisory role”, a court has heard in ASIC’s case over the casino’s money laundering failures.
Two soon-to-be consolidated class actions against Harvey Norman are fighting the retailer’s bid to appoint a costs referee, saying this was unnecessary given their plan to secure a group costs order.
A judge has refused an eleventh-hour application by administrators for Strongroom AI for court approval of a sale offer ahead of a second creditors meeting, likening the bid to “putting a gun to the court’s head”.
A judge has refused to stay a lease dispute between landlord Dexus and South Australia’s premium medical research centre in favour of a contractual dispute resolution mechanism, saying it would be “unjust” to deprive Dexus of a court hearing.
Collapsed Sydney developer Dyldam has denied wrongdoing in a lawsuit alleging members of the Fayad family used $74 million in sale proceeds for personal benefit and sought to conceal that fact from business partners.
A federal competition claim by the owner of a lot in the Merrifield Business Park masterplanned community over a restrictive covenant preventing it from leasing the land will be decided by a state court.