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Spanish energy co sues to enforce $139M arbitration award over Roy Hill mine
Arbitration 2019-08-06 12:41 pm By Miklos Bolza

Spanish oil and gas company Duro Felguera has filed Federal Court proceedings to enforce a $139 million arbitration award related to the Pilbara-based Roy Hill mine, which is majority owned by Gina Rinehart’s Hancock Prospecting.

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Court approves $1.2M settlement in recycling plant fire class action
Class Actions 2019-08-01 8:36 pm By Amelia Birnie

The Supreme Court of Victoria has signed off on a $1.2 million settlement of a class action brought on behalf of hundreds of residents and businesses that allegedly suffered loss or injury in a 2017 fire at the Coolaroo recycling plant in Victoria.

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Moreton wins appeal over R&D tax credits for failed coal gasification project
Article 2019-07-31 3:39 pm By Miklos Bolza

Australian coal miner Moreton Resources has won a Full Federal Court appeal over tax offsets it claims are owed over a failed pilot project testing underground coal gasification, a process which was ultimately banned in Queensland.

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Icon sues insurers for $11M in coverage for Opal Tower saga
Insurance 2019-07-30 7:16 pm By Miklos Bolza

Construction group Icon Co has dragged insurers Liberty Mutual Insurance and QBE Underwriting to court for allegedly refusing to provide coverage after the Opal Tower disaster in December last year, which led to thousands of residents being evacuated.

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Grocon appeals $13.9M ruling in Brisbane CBD lease dispute
Real Estate 2019-07-29 10:16 am By Miklos Bolza

The Federal Court has given the Victorian arm of Grocon Constructors more time to comply with a $13.9 million judgment in an ongoing lease dispute over a Brisbane office tower, after the construction company promised to file its appeal of the ruling “with diligence and expedition”.

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Funder’s insurance insufficient security in case against lithium giant, judge says
Energy & Natural Resources 2019-07-26 10:05 pm By Miklos Bolza

A court has stayed a case against global lithium miner Galaxy Resources after finding that an insurance policy by the plaintiff’s funder and an associated undertaking and deed of indemnity were insufficient to cover security for costs.

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NSW Ports slams ACCC’s competition constraint claims as ‘slight or hypothetical’
Competition & Consumer Protection 2019-07-19 3:38 pm By Miklos Bolza

NSW Ports Operations has denied claims that an agreement for the privatisation of its subsidiaries Port Botany and Port Kembla stymied competition, describing the allegations made by the Australian Competition and Consumer Commission as “slight or hypothetical”.

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Judge slashes compensation with $50M payout in WestConnex land dispute
Real Estate 2019-07-18 9:01 pm By Miklos Bolza

Two companies owned by the ex-director of Dial A Dump have failed in a bid to secure $584 million in compensation for land compulsorily acquired by the NSW Government for the WestConnex project, with the court granting them less than 10 per cent of that amount.

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Judge wants contradictor’s view on Sydney light rail common fund
Class Actions 2019-07-15 3:11 pm By Miklos Bolza

The judge overseeing the Sydney light rail class action has ordered that a contradictor be appointed to weigh in on a proposed common fund order, which includes a 25 per cent commission for the funder that is backing the case.

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Cleveland-Cliffs unit keeps counterclaim alive in dispute over $2.5B Koolyanobbing mine contract
Energy & Natural Resources 2019-07-11 4:30 pm By Miklos Bolza

A subsidiary of US mining giant Cleveland-Cliffs has won a fight to keep its counterclaim against a contractor alive in a dispute over the Koolyanobbing iron ore mine in Western Australia.

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