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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.
Construction PRO
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.
Construction PRO
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.
Construction PRO
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.
Construction PRO
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.
Construction PRO
Gilbert + Tobin has snagged an Allens partner with expertise on major transactions and projects for its energy, infrastructure and resources group.