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‘An air of unreality’: Judge questions Treasury Wine’s breach claims against Maurice Blackburn
Class Actions 2020-06-24 8:05 pm By Miklos Bolza

A claim by Treasury Wine Estates that Maurice Blackburn — but no other law firm — is prohibited from bringing a shareholder class action over disclosure breaches related to its US business had an “air of unreality” about it, a judge has said.

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East Timor loses second attempt to shut down $328M fuel supply dispute
Arbitration 2019-12-09 3:05 pm By Miklos Bolza

An appeals court has thrown out the Democratic Republic of East Timor’s second bid to stay a case brought against it by Lighthouse Corporation over $328 million in alleged losses stemming from a failed fuel supply contract.

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East Timor tries again to shut down case over $328M fuel supply contract
Energy & Natural Resources 2019-06-07 9:47 pm By Miklos Bolza

The government of East Timor will appeal a Victorian Supreme Court judgment dismissing its application to throw out a case brought by oil and gas firm Lighthouse Corporation over a failed fuel supply agreement.

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East Timor can’t duck $328M fuel supply dispute with Lighthouse Corporation
Energy & Natural Resources 2019-05-07 8:13 pm By Miklos Bolza

The Democratic Republic of East Timor has lost its bid to dismiss a lawsuit brought by oil and gas firm Lighthouse Corporation over $328 million in alleged losses stemming from a failed fuel supply agreement, with a judge finding the court has jurisdiction to hear the case after an ICSID panel declined to arbitrate the dispute.

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High Court to hear mortgage aggregator share transfer dispute
Corporate 2018-12-17 9:29 pm By Miklos Bolza

The High Court has granted special leave to mortgage aggregator Connective in a dispute between the firm’s founder and major shareholders over a transfer of one-third of the company’s shares, in a case that could clarify whether litigation should be considered a prohibited form of financial assistance under the Corporations Act.

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