Most Recent
A group of Indigenous Australians has failed to block Adani Mining's $16 billion development of the proposed Carmichael coal mine in central Queensland, with a judge dismissing the claims as "void of merit".
Milk supplier Murray Goulburn has been hit with a second class action over its profit forecast revision in 2016 that wiped 40 percent off the dairy cooperative's investment value.
Embattled financial giant AMP on Tuesday criticised concerns raised by lawyers for the federal class actions about group members' opt out rights, saying the concerns were a "red herring" in the fight against an order transferring their cases to the NSW Supreme Court.
Murray Goulburn's ex-CFO Bradley Hingle has quietly settled a case brought by the consumer watchdog over the dairy co-operative's allegedly misleading promises about farmgate milk prices, with the former executive agreeing to stay away from the dairy industry for three years.
The Federal Court offers group members in the shareholder class actions against AMP a major legal advantage over the NSW Supreme Court, lawyers for the federal cases have argued ahead of a hearing in the controversial jurisdictional battle.
When it comes to bet-the-company matters that keep corporate counsel awake at night, intellectual property disputes often rank at the top of the list. And these eight law firms are the ones companies turned to the most last year when facing a courtroom battle over their IP.
Mining giant BHP Billiton has reached a $50 million deal to settle the US class action over the 2015 dam failure at the Samarco mine in Brazil.
Iluka Resources has shot back at claims in a shareholder class action that it made misleading statements about projected sales volumes, saying the statements were accompanied by extensive disclaimers about its ability to predict future sales.
A week before WorleyParson's CEO promised shareholders net profits in excess of $322 million for the 2014 financial year, the engineering group's global finance director told its CFO that the company's earnings targets were "a stretch", according to an email uncovered in a shareholder class action.
BHP Billiton is facing the possibility of a second shareholder class action over the Fundao dam failure at its mine in Brazil, but the cases may be put on hold pending the outcome of homicide charges against company employees.