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Rio Tinto has signed a $430 million partnership agreement with Japan’s Sumitomo Metal Mining Co. to fast track development of its copper-gold project in Western Australia’s Great Sandy Desert.
Jeanswest has $26M in lease debt, but administrators courting brand buyers
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Collapsed clothing brand Jeanswest has nearly $26 million in lease liabilities on stores nationwide, but buyers may bite, administrators have told the Federal Court.
High Court finds Air Canada did not waive defence in passenger suit over turbulence
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Air Canada did not waive a defence allowing it to cap damages at $240,000 in a claim by several passengers over alleged spinal and psychological injuries caused by turbulence on a 2019 flight, the High Court has ruled.
Western Power, Ventia equally liable for costs orders in Parkerville bushfire case
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Western Power, Ventia, and a property owner found jointly liable for loss arising from the Parkerville bushfire are equally liable to each other for any costs orders in favour of the plaintiffs in the case, after a judge found he could not disturb existing costs orders in a new proceeding.
Canva inventions might be useful, but no method of manufacture, IP Australia says
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IP Australia has rejected two patents by online graphic design company Canva, with a delegate dismissing the company’s argument the computer-implemented patent applications claim a manner of manufacture.
State court can rule on competition claim in dispute over Merrifield lot
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The Victorian Supreme Court has found it can rule on a competition claim by the owner of a lot in the Merrifield Business Park masterplanned community over a restrictive covenant preventing it from leasing the land.
Alvarez & Marshal nabs Deloitte pair amid expected uptick in insolvencies
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Professional services firm Alvarez & Marshal has bolstered its Australian restructuring team with the addition of two Deloitte veterans.
Star’s former CEO not responsible for ‘every aspect’ of business, court told
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The former CEO of the Star was not responsible for every aspect of the business and instead played a “supervisory role”, a court has heard in ASIC’s case over the casino’s money laundering failures.
Harvey Norman class action cites GCO in bid to avoid costs referee
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Two soon-to-be consolidated class actions against Harvey Norman are fighting the retailer’s bid to appoint a costs referee, saying this was unnecessary given their plan to secure a group costs order.
‘Gun to court’s head’: Judge won’t give OK to Strongroom AI’s sale proposal
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A judge has refused an eleventh-hour application by administrators for Strongroom AI for court approval of a sale offer ahead of a second creditors meeting, likening the bid to “putting a gun to the court’s head”.