A competition class action against Stanwell and CS Energy has been tossed, with a judge finding the power companies’ conduct was legitimate āprofit maximisation behaviourā.Ā
The CDPP and ASIC have succeeded in staying Clive Palmerās case challenging the lawfulness of a seven-year-old examination, with a judge finding it would fragment criminal cases against the mining magnate.
The CDPP has complained about being brought back to court āagain and againā to deal with Clive Palmerās complaints about a compulsory examination by ASIC, as the corporate regulator seeks to have his case challenging the lawfulness of the seven year-old examination thrown out as an abuse of process.Ā
The High Court will not hear mining magnate Clive Palmer’s challenge to a court’s finding that lawsuits he brought challenging two criminal cases against him over a takeover bid and alleged payments to his political party were an abuse of process and should be stayed.
The corporate regulator is seeking to stay proceedings brought by Clive Palmer challenging the lawfulness of a seven year-old compulsory examination being used in a criminal case against him, arguing the billionaire’s litigation is an abuse of process.