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Court blocks short seller from releasing Vulcan Energy report
Energy & Natural Resources 2021-11-09 4:42 pm By Cat Fredenburgh

Lithium producer Vulcan Energy has won a court injunction blocking Beijing-based short seller J Capital from releasing a critical report on the Perth-based company for one week.

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Griffin Coal told to pay Carna Group liquidators $5M for contract breach
Energy & Natural Resources 2021-10-12 6:47 pm By Christine Caulfield

Struggling mining firm Griffin Coal has been ordered to pay $5.1 million to liquidators of a collapsed mining services company after a judge found it had breached a contractual term not to trade while insolvent.

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Ex-CEO to bring derivative lawsuit against Advanced Energy Minerals
Energy & Natural Resources 2021-09-07 11:01 pm By Bianca Hrovat

The former CEO of Advanced Energy Minerals, which specialises in mining high purity alumina to be used in high-demand products like lithium-ion batteries and LED lights, is planning to file a derivative lawsuit accusing the company of oppressive conduct.

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Squire Patton Boggs breached agreement, but not ‘grossly negligent’, court finds
Appeals 2021-07-30 4:39 pm By Miklos Bolza

An appeals court has found law firm Squire Patton Boggs breached its contractual obligations but was not grossly negligent after it was dragged into a financial dispute over the $12.5 million refurbishment of a Western Australian gold processing plant.

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Quintis class actions reload as insurance brawl delays settlement approval
Class Actions 2021-07-05 4:54 pm By Miklos Bolza

Two shareholder class actions against sandalwood producer Quintis that reached an in principle settlement over a year ago are moving forward following a protracted dispute over insurance, with the lead applicants getting approval to file proposed amended pleadings.

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Class actions can’t pursue insurance brokers to boost Quintis settlement, court hears
Class Actions 2021-02-18 1:45 pm By Miklos Bolza

Two insurance brokers have dodged being dragged into class action proceedings against sandalwood producer Quintis to boost a settlement reached last year, as a fight over insurance owed to the company to cover the settlement continues.

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Blockchain firm founder beats back AFR’s bid to nix defamation case
Defamation 2021-01-18 12:42 pm By Spencer Fowler Steen

A judge has shot down an attempt by the publisher of the Australian Financial Review to permanently stay a defamation lawsuit brought by blockchain firm Power Ledger, after the media company claimed it had had failed to comply with discovery obligations.

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More law firms pulled into Quintis class action as $46M insurance dispute heats up
Insurance 2020-07-03 4:06 pm By Alison Eveleigh

Three law firms will represent the insurers in new proceedings launched to resolve a $46 million insurance question delaying settlement of two shareholder class actions against sandlewood producer Quintis, bringing the total number of law firms working on the class action to eight.

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Witness in ex-Quintis director’s trial must give evidence in person, judge says
White Collar 2020-06-23 5:16 pm By Cat Fredenburgh

In a defeat to the Australian Securities and Investments Commission, a judge has found a key witness in the trial against former Quintis director Frank Wilson must give evidence in person, delaying the hearing indefinitely until coronavirus-related travel restrictions are lifted.

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ACCC secures $700,000 penalty against NRAS participant Quantum Housing
Competition & Consumer Protection 2020-06-10 2:31 pm By Christine Caulfield

A judge has ordered WA-based Quantum Housing Group to pay $700,000 and its sole director another $50,000 after finding the company misled investors in the National Rental Affordability Scheme.

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