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Santos loses appeal over $4.7B Barossa offshore drilling project
Energy & Natural Resources 2022-12-02 1:14 pm By Cindy Cameronne

Santos has lost its challenge to a judge’s decision to revoke approval for its $4.7 billion offshore gas project because Tiwi Islanders were not properly consulted about the project.

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PTTEP class action funder asks court to muzzle barrister
Class Actions 2022-11-30 5:25 pm By Christine Caulfield

The funder bankrolling the settled class action against oil exploration company PTTEP wants a court-ordered injunction against a barrister to prevent him from giving independent legal advice to the lead applicant about his claim.

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Judge doubts barrister’s claims in ex-commando’s defamation case against ABC
Defamation 2022-11-30 10:28 pm By Cindy Cameronne

A judge has raised doubts about ex-commando Heston Russell’s barrister’s claims that it “screamed from the page” of an allegedly defamatory ABC article that her client committed war crimes.

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Prosecutors lose challenge to time limit in criminal case against ME Bank
Financial Services 2022-11-29 3:39 pm By Christine Caulfield

Federal prosecutors pursuing a case against Members Equity have lost an appeal of a ruling that threw out half the charges against the direct bank as time barred, with an appeals court finding the ASIC Act imposes a hard deadline for bringing a criminal case of misleading or deceptive conduct.

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Law firms ordered to join forces in Blue Sky, EY class action
Class Actions 2022-11-23 10:29 pm By Cindy Cameronne

A judge has ordered two law firms that filed competing shareholder class actions against failed Blue Sky Alternative Investments and auditor EY to team up to run a consolidated proceeding, despite opposition by one firm.

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WA government will try to snuff out Clive Palmer’s $30B lawsuit
Dominic Villa 2022-11-23 5:45 pm By Cindy Cameronne

The West Australian government has flagged a bid to scuttle mining magnate Clive Palmer’s latest lawsuit claiming he can sue the state for up to $30 billion over mining tenements in the Pilbara.

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Battle to lead Blue Sky shareholder class action is on
Class Actions 2022-11-21 3:28 am By Cat Fredenburgh

The law firm that filed a second securities class action against failed Blue Sky Alternative Investments and auditor EY has moved swiftly to stay a competing class action brought three months ago.

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Shareholders launch second class action against Blue Sky, EY
Securities 2022-11-08 11:57 pm By Cat Fredenburgh

A second securities class action has been filed against failed Blue Sky Alternative Investments and auditor EY alleging financial reports materially overstated the health of the asset manager ahead of its collapse three years ago.

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Virgin’s insurers may be pulled into bond holders class action
Class Actions 2022-11-08 4:02 pm By Cindy Cameronne

Virgin Australia’s insurers may be dragged into a class action accusing the airline of failing to disclose its true financial position in a 2019 prospectus for a $324 million capital raising.

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‘Not a suburban golf club’: Judge slams delays in Blue Sky class action
Class Actions 2022-11-02 2:38 pm By Cindy Cameronne

A judge has criticised the applicant in a class action against failed asset manager Blue Sky Alternative Investments for filing court documents late, as he prepares to grapple with an imminent competing class action.

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