Professional services giant KPMG has reached a settlement in a shareholder class action over the failure of mining company Cudeco.
Global investment firm KKR has signed a deal to acquire renewable energy producer Zenith Energy, which provides services for Australia’s off-grid mining industry.
Online mattress retailer Emma Sleep has admitted to misleading consumers about the sale price for mattresses, but a court has found its German parent company is not on the hook because its executives did not give directions to the Australian unit.
Recovery of legal costs has been capped in a case over Woodside’s $16.5 billion Scarborough gas venture that will give the Federal Court the first chance to weigh whether an environment plan complies with the law.
AUSTRAC wants Star to pay a $400 million penalty for breaching anti-money laundering and counter-terrorism financing laws, while the company claims a penalty of more than $100 million would tip it into liquidation.
Pembroke Resources has lost its appeal bid over the meaning of “restricted land” after the private equity-backed miner argued a court’s ruling could impinge on plans for a $1 billion steel-making coal mine in Queensland.
A judge has found that expert reports submitted by Clive Palmer and his company Mineralogy in a fight against CITIC over royalty payments for the Yabulu Refinery present a “fresh case” and don’t comply with court orders.
Squire Patton Boggs has recruited a private equity specialist from Allens for its Sydney corporate practice.
Allens has added a Baker McKenzie partner to its restructuring practice in Sydney.
Clayton Utz has lured a top energy and infrastructure lawyer from Gilbert + Tobin to lead its energy practice. Alexander Danne will join the Clayton Utz partnership in July and will be based at the firm’s Melbourne office. Over his more than two decade-long career, Danne has amassed extensive experience, advising major regional and international…