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Construction PRO
Traditional owner brings climate challenge to Chevron’s Gorgon LNG project
Mardathoonera woman Raelene Cooper has taken Chevron and offshore petroleum regulator NOPSEMA to court over environmental approvals for a project for maintaining gas production from its Gorgon LNG project in Western Australia.
Construction PRO
Rest avoids indemnity costs in failed APAC sale injunction bid
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.
Jones Day adds tax controversy specialist from EY
Jones Day has recruited an EY partner to join its team as of counsel, strengthening the law firm's growing tax controversy practice.
Jones Day nabs Milbank partner for restructuring team
Jones Day has recruited Milbank's head of APAC restructuring for the global firm's Sydney office to bolster its insolvency practice.
Construction PRO
REST refuses damages undertaking, loses APAC sale injunction bid
REST Nominees has lost an injunction bid barring the sale of the Dexus bloc of shares in Melbourne Airport's operator pending an appeal, after refusing to give an undertaking that it foot the entire damages bill if its challenge fails.
Class action filings down as lawyers wait for High Court clarity
The number of new class actions this year is on track to be the lowest in 10 years as plaintiff firms wait to see which way the High Court will lean in a crucial shareholder case and funders redeploy capital to nascent class action jurisdictions.
Construction PRO
APAC says default notice valid at least against Dexus selling shareholders
Airport operator APAC says a default notice sent to Dexus over confidentiality breaches is at least valid against shareholders that initiated a botched sales process, hedging its bets in an appeal of a ruling that forces a sale of the asset manager's entire stake.
Mine & Rail creditor Tacora wins pause of DOCA
A judge has frozen a DOCA for failed mining company Mine & Rail's Australian business, the latest chapter in a dispute with US investor Tacora Capital, which has sued in the US alleging the company concealed its deteriorating financial position while securing more than US$30 million in funding.
Construction PRO
Dexus panned by judge for dragging APAC’s ‘cast of thousands’ to court
Dexus' decision to resist an undertaking as part of a deal to temporarily block the compulsory sale of its shares in airport operator APAC has been criticised by a judge for resulting in an "appalling waste" of time and money.
Construction PRO
Brisbane Airport can’t call on entire $13.4M security in contractor row
Baggage handling company Alstef Australia has had a partial win in its quest to stop the Brisbane Airport Corporation from calling on $13.4 million in bank guarantees.