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ASIC has filed proceedings against mineral exploration company AVZ Minerals and two of its directors, alleging the company failed to disclose a critical legal dispute, including a forgery claim, relating to a $32 million lithium mine deal.
A judge has ordered a flat contingency fee at a rate below the maximum sought by the firm running a class action against Mineral Resources, agreeing with a colleague that recent shareholder class action losses don't justify a higher percentage.
Cosette plans to appeal a ruling that rejected its bid to terminate an agreement to merge with Mayne Pharma, as the US drug company also refuses to agree to conditions needed to win Foreign Investment Review Board approval for the tie-up.
Construction PRO
A judge who previously questioned why Geocon's $4 million construction dispute over two Canberra developments was in the Federal Court has said he will continue to hear the case.
Construction PRO
Waste management firm Veolia has agreed to pay $1 million after admitting that it failed to use required odour source controls for its landfill site in Hampton Park, Victoria.
Mobil Oil has agreed to pay a $16 million penalty after admitting it ran false ads in far North Queensland claiming it was selling a specific brand of fuel with certain benefits, when in fact it was suppling ordinary fuel.
A class action on behalf of thousands of victims of the December 2019 Cudlee Creek bushfire has reached a confidential settlement with two individuals, while claims worth $200 million against SA Power Networks have proceeded to trial.
A solicitor who attributed a barrister's submission about his client's capacity to a Supreme Court judge in a letter to a costs assessor has lost an appeal of a NSW Law Society decision to caution him.
SkyCity has lost its bid to dismiss a claim by a former employee who alleges he was discriminated against because he was a parent of a newborn child and dismissed because he made whistleblower reports.
Wotton Kearney has nabbed a cyber law expert from Colin Biggers & Paisley to join its partnership.