A shareholder class action against BHP over the 2015 Fundao dam collapse in Brazil has won a bid to add an extra three weeks to a six-week hearing to account for any evidentiary surprises.
An environmental group has lost a court challenge to controlled burns in the state’s Strathbogie Forest, despite arguing they would destroy the habitat of the endangered Southern greater glider.
In the tangled legal fallout of the $7 billion collapse of Greensill Capital, the administrator of the failed financier’s bank has secured a so-called anti, anti-suit injunction against an arm of insurer Marsh.
Court-appointed receivers of investment firm Keystone have won an extension to a freezing order against a Melbourne developer who is suspected of receiving $160 million in investor funds.
ANZ has lost its appeal of a landmark decision finding it breached continuous disclosure rules by failing to disclose a $750 million bailout by underwriters during a $2.5 billion capital raising.
Former senator Rex Patrick has defeated the Attorney General’s appeal of a ruling which clarified that a loophole cannot be used to avoid Freedom of Information requests when a minister leaves office.
A judge has made freezing orders against Melbourne developer City Built and director Robert Filippini, who allegedly received $160 million in investor funds from Keystone Asset Management.
A judge has ruled that two Deloitte partners can act as administrators for embattled wealth manager Keystone, replacing two voluntary administrators from KordaMentha, despite an alleged risk of conflict due to past work for the company.
A contradictor appointed to represent group members’ interests in relation to a $100 million settlement in a class action against AMP wants to shave $2.6 million off the funder’s cut, telling the court that deductions for ATE insurance and administrative fees should not be approved.
ASIC has won its bid to appoint receivers to a managed investment scheme run by Keystone Asset Management after expressing “grave concerns” that investor funds were used to pay sports stars and buy a $4.3 million home for its former director.