French renewable energy company TagEnergy has scooped up Australian renewables developer ACE Power, acquiring a portfolio of 6GW battery, wind and solar projects.
Nuix is on the hook for $20 million before its insurers will cover its legal bills for suits over its $1.8 billion float, with a judge saying there was a good reason for the significant retention given the “notorious” expense of securities class actions.
The Transport Workers Union and a judge have debated how much of a $90 million penalty handed to Qantas should be given to 1,820 workers who were unlawfully outsourced during the COVID-19 pandemic.
A former Peabody Energy employee who claims she was sacked after raising safety concerns has lost her bid to restrain MinterEllison from representing her former employer.
German investment firm Aurelius can add new claims in a dispute with explosives company Orica over a $180 million acquisition, but a judge has called out solicitors for both sides for filing material of “inordinate length” on an application concerning well-established law.
A developer for a high rise building in Mascot, Sydney has launched a post-trial bid to opt out as a group member of a class action against cladding manufacturer 3A Composites and supplier Halifax, in order to bring its own “copy” of the case.
Westpac’s defunct mortgage unit RAMS has accused a class action by former franchisees of attempting to “hijack” civil penalty proceedings by the corporate regulator by seeking to intervene in the case.
Transport for NSW has accused a former contractor of multiplying claims for delayed or disrupted work days by six or seven times in a $63 million dispute.
IC Markets is fighting a class action’s bid for “highly private and confidential” information about possible group members to craft personalised opt-out notices, arguing the information would be safer in the hands of a third-party mailing house than a plaintiff firm given increasing cyberattack risks.
Fonterra said Tuesday it had settled a dispute with Bega Cheese over the status of lucrative licence agreements as part of a $3.8 billion sale of its Australian business to French dairy company Lactalis.