After selling his $26 million Rose Bay mansion to AsheMorgan principal Michael Rothner in 2023, options trader David Waterhouse has levied allegations of “deliberate bad faith conduct”, on the first day of trial in a case over the mysterious removal of trees on a neighbouring property.
ASIC has filed proceedings against mineral exploration company AVZ Minerals and two of its directors, alleging the company failed to disclose a critical legal dispute, including a forgery claim, relating to a $32 million lithium mine deal.
Johnson Winter Slattery has beefed up its disputes practice, snagging two partners from rivals MinterEllison and White & Case.
A judge has ordered a flat contingency fee at a rate below the maximum sought by the firm running a class action against Mineral Resources, agreeing with a colleague that recent shareholder class action losses don’t justify a higher percentage.
Cosette plans to appeal a ruling that rejected its bid to terminate an agreement to merge with Mayne Pharma, as the US drug company also refuses to agree to conditions needed to win Foreign Investment Review Board approval for the tie-up.
Octopus Australia has reached financial close on its $900 Blind Creek solar farm and battery project in NSW’s Southern Tablelands region, clearing the way for construction to begin.
A judge who previously questioned why Geocon’s $4 million construction dispute over two Canberra developments was in the Federal Court has said he will continue to hear the case.
Waste management firm Veolia has agreed to pay $1 million after admitting that it failed to use required odour source controls for its landfill site in Hampton Park, Victoria.
Mobil Oil has agreed to pay a $16 million penalty after admitting it ran false ads in far North Queensland claiming it was selling a specific brand of fuel with certain benefits, when in fact it was suppling ordinary fuel.
A class action on behalf of thousands of victims of the December 2019 Cudlee Creek bushfire has reached a confidential settlement with two individuals, while claims worth $200 million against SA Power Networks have proceeded to trial.
For information on rights and reprints, contact subscriptions@lawyerly.com.au
