A judge has found Downer Energy was responsible for a costly shutdown at a NSW power plant caused by a âpractically unthinkableâ defect.
An investor class action against RCR Tomlinson has reached a walk-away settlement agreement with two former directors of the failed engineering company.
Clayton Utz has snagged an energy regulatory expert who has worked as general counsel at AusNet and was formerly a partner at Herbert Smith Freehills to join its Melbourne corporate practice.Â
An appeals court has dismissed an appeal from two contractors who worked on Chevron’s Gorgon gas field project who allege they were underpaid over $130 million by the energy giant.
Wood-fibre processor and exporter Midway Limited has been hit with a $33,000 penalty after the Australian Securities and Investments Commission alleged it failed to disclose a revenue downturn to shareholders.
Mining company Downer EDI has won its bid to review documents between Alinta Energy and a superintendent who allegedly acted improperly in a spat over a $208 million solar gas hybrid project in the Pilbara region.Â
Hancock Prospecting has lost a bid to shut down court cases brought by fellow mining giants Wright Prospecting and DFD Rhodes until the outcome of a family arbitration, after a judge found the companyâs own forensic choices made the risk of inconsistent decisions inevitable.
A judge who previously acted for a United Petroleum Group company in a âhighly acrimoniousâ case eight years ago has refused to recuse herself from adjudicating a new dispute involving a related company.
A judge has approved a $450,000 penalty against Australian Mines in ASIC proceedings brought after its managing director was allegedly caught lying at an investment conference about the value of an offtake agreement and funding for a project at its cobalt and nickel mine in Queensland.
The state of Western Australia has been left with a $2 million legal bill for defending a defamation action by billionaire Clive Palmer and advancing cross-claims on behalf of premier Mark McGowan, which a judge blasted as “a futile exercise”.