Industries

Two minority shareholders in Argentina’s state-controlled oil company have won a dispute over service in their case seeking to enforce a $24.3 billion judgment awarded in a US court. 

Two Optus customers alerted the company to a triple zero outage , during which four people died, hours before the telecommunications provider restored the emergency service, CEO Stephen Rue has revealed.

A class action alleging negligent management by the Murray Darling Basin Authority can amend their case four weeks into trial, with a judge finding the late application was not the result of a “deliberate forensic decision”.

Four doctors named in a class action over cosmetic surgeries performed at Daniel Lanzer’s clinic in Sydney can't dodge claims they are liable as accessories for alleged misleading social media ads. 

Maurice Blackburn has proposed expanding the group definition in class actions against Hyundai and Kia over allegedly defective anti-lock braking systems after winning a carriage fight against a proceeding that included additional recalls in its group membership. 

Lander & Rogers has hired a technology, data and intellectual property pro from Clayton Utz to join its team in Melbourne.

ASIC has confirmed it is investigating at least one ratings house which said Keystone’s failed Shield Master Fund was of 'investment grade', as the corporate watchdog seeks to claw back $480 million in investor funds. 

A judge has ordered ANZ to explain itself after hearing the director of a Gold Coast property developer under investigation withdrew $112,000 from a bank account subject to freezing orders.

A developer has won an injunction to stop a builder from enforcing an adjudication decision in a dispute over a $3 million payment claim, with a judge finding it would be an abuse of process to make the developer pay.

Renewables and energy storage company Edify Energy has been acquired by Canadian pension fund La Caisse in a $1.1 billion deal, which includes investments in two planned solar and BESS hybrid projects.