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Construction PRO
Coppabella mine owners must get First Nations input for rehab plan: court
An environmental authority for Peabody's majority-owned Coppabella coal mine in Queensland should require the owners to obtain Aboriginal party input for a post-mine rehabilitation plan, a judge has said.
Construction PRO
APA to pay $1B for majority ownership in CS Energy power plant
Energy infrastructure company APA Group will invest approximately $1.015 billion to develop and take an 80 per cent ownership stake in the 400-megawatt Brigalow Peaking power plant in Queensland.
‘No altruistic case’: Judge says Blue Sky founder must pay class action security
A class action over the collapse of asset manager Blue Sky has been ordered to pay $630,000 in security for the costs incurred by the respondents in defending against the claims of insider trading.
Construction PRO
Court tosses cricket club’s AI-assisted case over lease
The Queensland Court of Appeal has thrown out a case by a local cricket club that sought to challenge a regional council's decision over a park lease, a case it said was a lesson in the perils of using AI instead of lawyers.
Class action funder fails in battle with Clyde & Co after firm bills $20M
A funder has lost a fight over costs agreements with a law firm that launched a class action against Gladstone Port's operator, despite a judge acknowledging the firm should have disclosed when its fees more than doubled.
ASIC disqualifies former Warwick Gold director for four years
A former Warwick Gold and Impact Gold director is banned from managing corporations for the next four years, after the $44 million collapse of the mining companies.
Optimus sues Grant Thornton over ‘negligent’ restructuring advice
Japan-based Optimus has sued Grant Thornton for allegedly giving negligent restructuring advice following its acquisition of dealership group Autopact, which resulted in the company owing $3 million in stamp duty, income tax and other costs.
ASIC says Sunshine Loans should pay $10.5M for ‘scorched earth’ defence
The corporate cop is calling for a $10.5 million penalty against Sunshine Loans in its unauthorised fees case, saying the payday lender's approach to the enforcement action was an example of "scorched earth" litigation.
Construction PRO
VietJet loses appeal in $254M dispute over Airbus jet lease
Vietnamese airline VietJet has lost its appeal against the registration of a $254 million judgment in a dispute over payments for the leasing of Airbus A321 passenger jets.
Construction PRO
Anthropic signs first Australian data centre lease in $31.9B Qld digital park
Artificial intelligence company Anthropic has reportedly signed its first Australian data centre lease, located in a $31.9 billion digital park in Queensland built by a Singaporean developer.