Baker McKenzie

The Australian Energy Regulator must repay AGL a $25 million penalty secured by the watchdog in a Federal Court case, after the power company prevailed on appeal.

Collapsed steelmaker Arrium's former chief executive has testified during a shareholder class action trial that a five-year business plan projecting a 'V-shaped' turnaround was not an unrealistic pipe dream.

The Tamworth local council has lost its bid to inspect advice given by Baker McKenzie to the owner of the Hills of Gold wind farm in regional NSW as they fight over costs in a development consent dispute.

A massive dip in the price of iron ore in 2014 did not ring alarm bells for failed Arrium's then CEO, a court has heard, with the former boss denying that a capital raising that year was an urgent measure in the face of the potentially 'catastrophic' drop.

A judge has knocked back a class action’s bid to revise its claims against KPMG and former Arrium directors mid-trial, saying the amendments made for a "vastly different" case.

Super trustee REST Nominees has dodged indemnity costs but is still on the hook for paying a "cast of thousands" after losing a bid to temporarily block the sale of the Dexus bloc of shares in Melbourne Airport operator APAC.

Arrium's former directors and auditor KPMG have lost a challenge to a key report relied on by shareholders in a class action over the collapsed steelmaker that says the company overstated the value of its assets.

Testing lab ALS has appealed a ruling ordering it to hand over most of a McGrathNicol report into allegedly exaggerated coal testing results, after a judge found last year that it had waived privileged over parts of the report by referring to its findings in an ASX statement.

A mid-trial amendment bid by shareholders in a class action over Arrium's collapse will delay cross-examination of the company's CEO and former directors, who told a judge Wednesday they should not be required to enter the witness box until the issue is resolved.

A class action over the collapse of Arrium is bound to its pleading that the asset value of all the steelmaker's business units was impaired by a total of $2.8 billion, a judge has ruled in the second week of trial.