Paladin Energy to face competing shareholder class actions

Posted on by Cat Fredenburgh
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Uranium miner Paladin Energy is facing a second shareholder class action over alleged misleading disclosures to the market about expected production at its flagship uranium mine in Namibia.

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Pembroke can’t challenge ‘restricted land’ ruling over $1B Olive Downs mine

Posted on by Cindy Cameronne
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Pembroke Resources has lost its appeal bid over the meaning of “restricted land” after the private equity-backed miner argued a court’s ruling could impinge on plans for a $1 billion steel-making coal mine in Queensland.

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Healthscope landlords agree to rent relief, as other operators express interest

Posted on by Christine Caulfield
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Asset manager HMC Capital, which owns 11 private hospitals operated by embattled Healthscope, has reached a rent deferral deal with receivers and says other operators have expressed interest in taking up tenancy.

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‘Enough’s enough’: Judge warns no more leeway in NewQuay building spat

Posted on by Cindy Cameronne
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After 50 directions hearings, a long-running dispute between the owners of a 23-storey building in Docklands and insurer AAI will go to trial next year, a fed-up judge has said.

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Co-ed a go, court says in win for Sydney’s prestigious Newington College

Posted on by Julia Kanapathippillai
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A legal challenge over a Sydney private school’s plans to go co-ed has been dismissed, with a judge ruling the word “youth” in the school’s 150-year old founding document had a gender neutral meaning.

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Brazilian nickel mine shareholders win appeal in $78M sale dispute

Posted on by Andy Sidler
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Two Australian companies who held all the shares in Mirabela Mineração do Brasil’s main asset, the Santa Rita Mine, have successfully argued that a contract variation and their subsequent termination of the sale contract was lawful, in spite of their Brazilian counterparts’ late signature. 

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Legal admissions board in WA victim of cyberattack

Posted on by Cindy Cameronne
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The Legal Practice Board in Western Australia has confirmed it was the victim of a data breach, with the bank details of the board and a small number of practitioners said to have been accessed.

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