Contracts

A court has heard that a class action on behalf of hundreds of thousands of customers whose flights were cancelled during the COVID-19 pandemic is estimated to be worth over $100 million.

Built has lost its lawsuit against the Victorian Correctional Infrastructure Partnership over a dispute resolution mechanism in a construction subcontract for upgrades to the Metropolitan Remand Centre. 

The Parramatta Eels and National Rugby League player Zac Lomax have reached a settlement in a contract dispute over his plans to join the Melbourne Storm.

Trial was pushed off on Monday in NRL player Zac Lomax's contract spat with the Parramatta Eels, with the court hearing the parties are "very close" to resolving the dispute. 

A judge has awarded private equity firm CPE Capital, formerly CHAMP, $96 million in a dispute over a profit sharing agreement that was part of a deal to provide $150 million in vendor finance to FX Group Holdings for shares in trading platform Pepperstone.

Mineral Resources has won a bid for more documents in its fight with the Pilbara Ports Authority over the validity of a channel charge. 

BP subsidiary Lightsource bp has announced the sale of five of its solar assets to Aula Energy, as part of a plan to shift its focus to hybrid projects.

A judge has struck out sections of natural gas exporter Australia Pacific LNG’s defence in Tri-Star’s long-running case over coal seam gas fields in Queensland, which centres on a $7.6 billion share sale to ConocoPhillips.

A court has ruled that Canadian investor Franco-Nevada is entitled to mining royalty payments agreed to with a unit of mining company Arrium before its collapse, despite the company's failure to lodge a proof of debt. 

A law firm has lost its bid to stay a silk's case alleging he is owed a $280,400 cancellation fee for a class action in Queensland that was settled a month before trial.