Please login to bookmark Close
Penalties imposed for disclosure breaches will hit two directors of e-commerce firm Open4Sale where it hurts, after a court on Tuesday barred the pair from having recourse to any indemnity by the company.
BHP ordered to pay Qld coal mine workers for holiday roster
Please login to bookmark Close
BHP must compensate coal mine workers who were rostered to work at a Queensland mine on Christmas and Boxing Day without a reasonable right of refusal.
Russia loses High Court fight over embassy lease termination
Please login to bookmark Close
Russia has lost its High Court challenge to the federal government’s decision to terminate its lease on a site where it intended to build a new embassy in Canberra, but the court found the Commonwealth must pay the country reasonable compensation.
John Holland ends deals with CFMEU for major NSW infrastructure projects
Please login to bookmark Close
John Holland and the CFMEU have voluntarily nixed agreements requiring the construction company to use certain labour hire businesses on two major projects in NSW, after the ACCC raised competition concerns.
‘Deliberate bad faith’ conduct by buyer of $26M Rose Bay villa, trial told
Please login to bookmark Close
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 accuses WA mineral exploration company of disclosure breaches
Please login to bookmark Close
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 nabs partners from MinterEllison, White & Case
Please login to bookmark Close
Johnson Winter Slattery has beefed up its disputes practice, snagging two partners from rivals MinterEllison and White & Case.
Judge rejects ratchet contingency fee in MinRes class action
Please login to bookmark Close
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 appeals loss over exit from $672M Mayne Pharma merger
Please login to bookmark Close
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 locks down funds for $900M Blind Creek solar farm
Please login to bookmark Close
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.