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High Court to hear BHP challenge to foreign investors in class action
High Court 2022-02-18 10:59 pm By Cat Fredenburgh

BHP Group has been granted special leave from the High Court to appeal a ruling that rejected its bid to exclude foreign investors from a shareholder class action over the 2015 Fundao dam disaster.

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Jones Day recruits leading energy partner from Clayton Utz
Business of Law 2022-02-18 1:40 pm By Bianca Hrovat

US law firm Jones Day has nabbed leading energy and natural resources partner Dan Howard from Clayton Utz after more than 26 years with the firm.

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‘Vicious rhetoric’: WA premier’s remarks about Clive Palmer more than name-calling
Defamation 2022-02-14 10:20 pm By Sam Matthews

Comments made about Clive Palmer by Western Australia premier Mark McGowan in press conferences were ā€œheavy with historical and sinister significanceā€, a court has heard on the first day of trial in the mining billionaire’s defamation case.Ā 

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Rio Tinto to cop penalty in ASIC case over failed $5.8B acquisition
Energy & Natural Resources 2022-02-11 11:37 pm By Cat Fredenburgh

Rio Tinto will face a penalty in proceedings brought by the Australian Securities and Investments Commission alleging the mining giant misled shareholders about the resources of a Mozambique mining company it acquired for $5.8 billion in 2011 and later offloaded for $70 million.

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Settlement talks advance in bungled lease case against Macpherson Kelley
Competition & Consumer Protection 2022-02-10 10:48 pm By Christine Caulfield

Macpherson Kelley will head to an eleventh-hour mediation in a negligence case over the execution of a 10-year service station lease agreement with Shell, after the court heard settlement talks were well progressed.

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Macpherson Kelley faces trial over botched lease that gave Shell extra land
Professional Negligence 2022-02-08 11:00 pm By Christine Caulfield

Macpherson Kelley is headed for trial next week in a case that alleges the law firm bungled the execution of a 10-year lease agreement with Shell for a service station in Melbourne, giving the energy giant an extra 320 square metres equating to $2.5 million in lost rent for its landlord client.

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In latest setback for shareholder class actions, judge finds Iluka did not breach disclosure rules
Class Actions 2022-02-07 11:21 am By Christine Caulfield

Investors have lost their class action against Perth-based Iluka Resources, the latest shareholder class action to fail after pushing through to trial.

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Blue Star Helium’s former boss appeals ban over ill-fated Texas oil asset sale
Energy & Natural Resources 2022-02-07 2:04 pm By Christine Caulfield

The former CEO of Blue Star Helium is challenging a ruling that slugged him with a $40,000 penalty and a four-year ban for failing to disclose to shareholders the identify of the buyer behind a botched sale of Texas oil assets.

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Arrium shareholders in class action can’t access full KPMG audit file
Class Actions 2022-02-04 1:59 pm By Cat Fredenburgh

Shareholders in a class action against failed steel giant Arrium and KPMG have lost their bid for KPMG’s complete audit file for Arrium to probe the Big Four accounting firm’s handling of the steel producer’s financial statements before its collapse in April 2016.

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Gilbert + Tobin nabs climate change ace from Baker McKenzie
Climate change 2022-02-03 10:47 pm By Cat Fredenburgh

A leading climate change lawyer at Baker McKenzie has made the jump to Gilbert + Tobin, less than a year after the US firm’s renewable energy practice lost its global co-head and two partners to another Big Six firm.

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