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EnergyAustralia must pay $1.5M for disconnecting vulnerable customers
Energy & Natural Resources 2020-11-18 6:59 pm By Spencer Fowler Steen

EnergyAustralia will cough up $1.5 million in penalties for wrongfully disconnecting eight customers facing serious financial hardship.

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Santos lawsuit against Fluor over gas project rests on ‘shaky assumption’, appeals court says
Energy & Natural Resources 2020-11-18 4:11 pm By Miklos Bolza

An appeals court has shot down oil and gas giant Santos’ bid for expanded discovery against engineering company Fluor, finding that the application was “akin to a fishing expedition” that was based on “a shaky assumption” by lawyers from Corrs Chambers Westgarth.

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ATO loses landmark case over GST gold scam
Tax 2020-11-17 7:15 pm By Miklos Bolza

The Australian Taxation Office has been blocked from indirectly recouping GST lost in a major tax scam by allegedly crooked gold traders with the Full Federal Court finding a $208 million demand sent to a defunct gold refiner had incorrectly interpreted the GST Act.

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Thiess loses appeal in unpaid wages class action
Class Actions 2020-11-17 12:42 pm By Miklos Bolza

Mining services company Thiess has lost its challenge to a class action ruling which found the company had underpaid workers for time spent on the bus travelling home from a Pilbara-based liquefied natural gas processing plant owned by Woodside Energy.

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Clive Palmer’s lawyer doubtful McGowan defamation suit can settle in mediation
Defamation 2020-11-10 9:47 pm By Miklos Bolza

A barrister for billionaire Clive Palmer has expressed doubt that the mining magnate’s defamation case against Western Australia Premier Mark McGowan can be resolved in mediation.

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Glencore largely prevails in ATO appeal over $92M tax fight
Appeals 2020-11-06 9:57 pm By Miklos Bolza

Mining giant Glencore has mostly defeated an appeal by the Australian Taxation Office in their tax fight, and will only have to pay $2 million of a $92 million bill relating to the sale of copper from a mine in Cobar, NSW.

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Rio Tinto execs want ASIC trial vacated due to COVID-19
Energy & Natural Resources 2020-11-04 2:21 pm By Cat Fredenburgh

Two former executives of mining giant Rio Tinto accused by ASIC of breaching their directors duties have asked the court to vacate an upcoming trial, after raising concerns that COVID-19 could affect their ability to appear.

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AIG settles case against ex-Kaboko Mining directors after D&O policy exclusion spat
Insurance 2020-10-20 1:06 pm By Cat Fredenburgh

AIG has settled a lawsuit brought by Kaboko Mining against several former directors alleging they failed to exploit commercial opportunities, after the insurer failed to convince an appeals court that an insolvency exclusion in the company’s D&O policy should exempt it from covering the claims.

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Hiding name of buyer in Antares oil deal a breach of disclosure obligations, court says
Energy & Natural Resources 2020-10-12 8:59 pm By Cat Fredenburgh

In a win for ASIC, a judge has found that former oil and gas company Antares Energy violated its continuous disclosure obligations by failing to reveal the name of the buyer behind an ill-fated US$254 million acquisition of Texan oil assets.

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iSelect to pay $8.5M for misleading consumers about energy plans
Competition & Consumer Protection 2020-10-08 3:00 pm By Cat Fredenburgh

A court has ordered comparison website iSelect to pay $8.5 million in penalties for making misleading representations through its online electricity comparison service and pushing plans to consumers that were not necessarily best suited for them.

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