The applicants in the Iluka Resources investor class action have just 14 days to sort out their funding troubles and provide a $1.25 million security, as a judge warns he will not be able to hold their trial date any longer.
MACH Energy attacks former director’s ‘inconsistent’ pleadings in $20M lawsuit
ASIC’s Shipton clarifies ‘why not litigate’ approach
BHP wins bid for High Court intervention in $82M fight with tax office
Common fund orders on shaky ground as High Court grants special leave to Westpac, BMW
Class actions still loom as ASIC drops probe into Blue Sky
ACCC loses court challenge to Pacific National, Aurizon terminal deal
The Australian Competition and Consumer Commission has suffered a major defeat in its challenge to Pacific National’s proposed $205 million acquisition of competitor Aurizon’s Queensland freight terminal, with a judge saying he was appeased by a last-minute promise from Pacific that it would not block third parties from accessing the terminal.