BHP Group has lost its High Court battle to keep foreign investors from an Australian shareholder class action over the devastating collapse of a Brazilian dam.
The use of advertisements to find eager applicants to fill federal judicial vacancies has been foreshadowed by the Attorney-General as he promises to bring more transparency and integrity to the process for appointing judges.
Two former employees of the Snowy Mountain Engineering Corporation have appeared in court facing foreign corruption charges linked to Sri Lankan infrastructure projects worth $14 million.
PTTEP Australia’s appeal of a class action finding that it breached a duty of care to thousands of farmers impacted by the 2009 Montara oil spill has been put on hold amid a fight between the funder and lawyers that is cloaked in confidentiality.
The Office of the Australian Information Commissioner has opened an investigation of Optus following last month’s cyberattack, centering on the adequacy of the teleco’s privacy practices.
IG Markets faces a potential class action on behalf of up to 20,000 everyday investors who have allegedly lost hundreds of millions of dollars trading in complex financial products known as contracts for difference, or CFDs.
In a win for the corporate regulator, an appeals court has rejected investment group Mayfair 101’s appeal of a $30M penalty following a judge’s finding that it misled investors about the level of risk of its financial products.
Teleco contractor BSA, which resolved a class action by its workforce for $20 million, won’t be recouping the costs of legal action to exclude a $13 million capital raising from the settlement.
A mobile network sharing agreement between Telstra and TPG is likely to boost the companies’ services to customers but could lead to TPG raising prices, the competition regulator said Friday.
The High Court was ostensibly convened in his home state of Queensland to consider special leave applications, but something told Justice Patrick Keane that was not the full story.