Two Australian companies who held all the shares in Mirabela Mineração do Brasil’s main asset, the Santa Rita Mine, have successfully argued that a contract variation and their subsequent termination of the sale contract was lawful, in spite of their Brazilian counterparts’ late signature.
Toyota has hit back at claims against its newly joined Japanese parent company in a class action over alleged emission cheat devices, saying the bulk of the claims are statute barred.
The ACCC has raised concerns about the proposed acquisition by ASX-listed Elders of Delta Agribusiness, saying it could reduce competition in agriculture products.
Thermomix has paid $79,200 in penalties after being served with four infringement notices over ads claiming two appliances got the National Disability and Insurance Scheme tick.
A judge has balked at Maurice Blackburn’s hourly rates in a jointly run class action against Treasury Wine Estates, questioning why the firm charged 20 per cent more than fellow preeminent class action firm Slater & Gordon.
Lendlease can’t bring new claims in an unsuccessful fight over Campbelltown plots worth $120 million, with a judge finding it was not appropriate to allow the amendments “at this very late stage”.
A judge has ordered a Sydney law firm to pay $427,000 to a former client after finding it drafted a defective notice in a land sale and defended proceedings that came about because of its own negligence.
The ACCC has confirmed it is investigating real estate listings giant REA Group, saying it was concerned to ensure “strong competition” in the real estate industry.
Glencore has won a contract to supply Cobalt Blue with up to half of the necessary feedstock to run its new Kwinana cobalt refinery.
The liquidators of a company created to invest in a $2.2 million Adelaide property have asked the High Court to reinstate a judgment that found a mortgage that sent the company into liquidation was an unreasonable director-related transaction and could be voided.