A subsidiary of US mining giant Cleveland-Cliffs has fought back a second bid to quash its counterclaim for lost profits in a contractual dispute over the lucrative Koolyanobbing iron ore mine, with the Western Australia Court of Appeal saying the claim was not “clearly untenable” as argued.
National law firm Thomson Geer has effectively gutted the Brisbane office of global firm Dentons’, luring five key partners and their teams to beef up its real estate, banking and restructuring practices.
A judge has ordered private health insurer Medibank to pay $5 million in penalties for rejecting the claims of hundreds of members who were entitled to coverage for critical medical procedures, including spinal surgery.
Dam operator Seqwater is challenging a decision that put it on the hook for 50 per cent of any damages payouts to thousands of members of a long-running class action over the 2011 floods that destroyed 2,000 Queensland homes.
The Australian Securities and Investments Commission has won its challenge to a tribunal ruling that overturned a permanant ban imposed on a RI Advice Group authorised financial planner who double charged his clients.
The first of four public hearings in the latest class action inquiry launched by the Federal Government begins Monday morning, and leading the line up of speakers is the 25-year-old spokesperson for a Liberal Party think tank that condemns the “super profits” of litigation funders.
A litigation funder’s average rate of return on its investment in shareholder class actions was one of a number of factors weighed by a judge in approving a 25 per cent funding cut from the $42 million settlement in a class action against dairy cooperative Murray Goulburn.
A judge overseeing mining magnate Clive Palmer’s challenge to border closures by Western Australia and Queensland has delayed a hearing in the case for two weeks as WA’s expert responds to an urgent call for help from Victoria, which has seen a record surge in coronavirus cases.
A hearing on the validity of border closures by Western Australia and Queensland should be pushed off while WA’s expert responds to an urgent request by Victoria’s health authorities to help that state deal with its coronavirus outbreak, the Federal Court has been told.
The liquidators of Clive Palmer’s Queensland Nickel are appealing a win for the billionaire in their case over the collapse of the refinery in 2016, which centred on $102 million in loans allegedly paid by Queensland Nickel to Palmer’s Mineralogy.