Securities

Dexus has halved the number of documents it claims are shielded by legal privilege from production to fellow owners of airport operator APAC ahead of trial over an alleged breach of a shareholder deed, a court heard Monday.

Investment firm KKR is teaming up with asset manager HMC Capital, investing up to $603 million in a project devoted to wind and battery assets. 

A law firm partner working on a shareholder class action over the collapse of Blue Sky Alternative Investments has faced cross-examination by counsel for auditor EY over alleged delays in seeking to amend the case.

Former Queensland senator Claire Moore has been banned from managing corporations for four years over her role as a director of two gold exploration companies that collapsed after raising $44 million from investors.

A judge has dismissed a bid by two Liberty Steel companies to stay a case brought in NSW by administrators for collapsed supply chain finance company Greensill while a related case in the UK proceeds. 

The law firm running a class action against Origin Energy has argued the case is “financially unviable” if it is stuck with a 30 per cent contingency fee ordered by the court, in the first-ever application to vary a group costs order.

A judge has ordered a foreign investor in rare earths miner Northern Minerals to pay pecuniary penalties after it failed to comply with divestment orders, in the first case brought over alleged breaches of foreign investment laws.

A court has heard that a former EY partner is delaying a costs hearing after appealing his loss in a share dispute with tiling retailer National Tiles.

Gold producer Black Cat has won orders for the ASX to produce documents relating to the identity of brokers involved in bids for company shares, with a judge finding it may have claims for market manipulation.

A court has largely set aside examination orders against executives and solicitors for oil and gas company Moreton Resources and MRV Metals, finding they were an abuse of process.