Litigation

A judge has ruled that IG Power is not required to reimburse Genuity $24.4 million in interest charged by its parent company on a $60 million loan to rebuild the Callide power station, finding the loan was intended to be interest free. 

Chevron wants a "tight" timeline in a legal challenge related to its Gorgon liquified natural gas project, telling a judge that it's spending $40 million a month to keep staff ready for the project.

A fund manager has succeeded in striking out claims it was knowingly involved in an uncommercial loan scheme, in a case by FSM Development liquidators that also targets Ray White and Mallesons.

A Newcastle residential development had lost its bid to pay around $6 million in damages in monthly installments, with a judge saying there was no evidence paying the amount would put the group in a bad financial situation.

Meridian Lawyers has nabbed an insurance litigator from Lander & Rogers who has worked on combustible cladding matters to co-head its professional and financial risk group. 

Bathroom products giant Reece has lost its challenge to a decision that found its lease of a western Sydney warehouse remained on foot after it made an invalid attempt to terminate the ten-year deal.

A class action against the Northern Territory's public housing authority has persuaded a judge to include questions relating to restitution at the initial trial.

IG Energy’s former subsidiary has resolved a dispute over a $3.5 million surplus from the administration of IG’s interest in the Callide power station in Queensland. 

A judge has rejected the NSW government's challenge to subpoena over notices and fire control orders concerning allegedly combustible aluminium composite cladding in a case brought by the owners at the Australia Towers in Sydney Olympic Park. 

Logistics giant Qube has told a court it is entitled to enforce $26 million in arbitration awards against Martinus Rail ahead of a larger dispute over Sydney's $4 billion Moorebank Intermodal Terminal and no right of appeal exists for its foe.