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United Petroleum dodges class action defence until security bid reheard
Class Actions 2024-10-11 11:27 pm By Cat Fredenburgh

United Petroleum and director Ari Silver can wait for the rehearing of a security for costs bid before filing defences to a franchisee class action alleging misleading conduct.

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EDO can’t avoid subpoena despite agreeing to pay Santos’ costs
Energy & Natural Resources 2024-10-09 4:39 pm By Andy Sidler

The Environmental Defenders Office can’t dodge a subpoena by Santos seeking material to back a bid for full indemnity costs in a failed case over a pipeline for the $5.6 billion Barossa gas project.

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Fortescue scores win against start-up accused of ‘industrial scale’ misuse
Intellectual Property 2024-10-04 3:03 pm By Cindy Cameronne

Fortescue has defeated a bid by its former CFO’s green iron start-up to set aside search orders that were said to have been secured “off the back of egregious material non-disclosure”.  

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EnergyAustralia hit with $14M penalty for misleading consumers about prices
Competition & Consumer Protection 2024-09-26 11:13 pm By Andy Sidler

In a first, EnergyAustralia has been ordered to pay $14 million for breaching the Electricity Retail Code by misleading customers about prices.

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Macquarie Bank fined almost $5M for market gatekeeper failures
Financial Services 2024-09-25 1:19 pm By Sam Matthews

Macquarie Bank has been fined a record $4.995 million for failing to stop the placement of suspicious orders on the electricity futures market.

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Clive Palmer’s nephew fails in appeal of contempt findings
Energy & Natural Resources 2024-09-24 11:43 pm By Sam Matthews

The nephew of Clive Palmer and former director of Queensland Nickel has failed to reverse a decision rejecting his bid to dismiss contempt proceedings related to the company’s collapse.

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Claims in $40M class action against Whitehaven Coal ‘fanciful’, court told
Class Actions 2024-09-04 11:44 pm By Cindy Cameronne

Whitehaven Coal has struck back at a class action led by the father of famed mining investor Nathan Tinkler, calling the claims that it failed to fulfil an implied term of a $150 million share subscription from 2012 “fanciful”.

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Whitehaven Coal shareholders ‘trapped’ after 2012 acquisition, class action trial told
Trials 2024-09-03 11:45 pm By Cindy Cameronne

Shareholders in Whitehaven Coal who helped inject $150 million of capital during a 2012 merger are “trapped” after the ASX-listed coal producer failed to abide by its side of the deal, a class action funded by mining investor Nathan Tinkler has alleged on the first day of trial.

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White & Case continues strategic growth with real estate partner in Sydney
Business of Law 2024-09-03 3:53 pm By Cat Fredenburgh

White & Case has snagged a partner from Maddocks with more than 25 years of experience in corporate real estate to assist the firm on global transactions and restructurings. 

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Spain loses appeal over security after refusing to pay $200M judgment
Scott Robertson 2024-09-02 2:01 pm By Cindy Cameronne

The Kingdom of Spain must pay $56,000 in security to bring its challenge in a long-running dispute over whether it must pay a $200 million arbitral award to two renewable energy investors. 

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