Telco Swift Networks has been hit with a $1.2 million penalty for bid rigging and price fixing in the tender process for supplying IT and communications equipment for three Rio Tinto and Fortescue Metals mining projects in WA’s Pilbara region.
Global law firm Jones Day has recruited two partners for its growing energy practice, including a former Ashurst partner.
A franchisee class action against United Petroleum over the installation of allegedly loss-making Pie Face stores at its franchise sites is fighting two applications for security for costs which it says can’t be met, as funders take little interest in the case.
A man has been charged with trading in inside information in advance of Westfarmers’ $776 million acquisition of lithium company Kidman Resources in 2019.
Pinsent Masons has recruited an energy specialist from the embattled PricewaterhouseCoopers to grow its property team in Australia.
A traditional custodian has taken Woodside Energy to court in a bid to halt offshore seismic blasting for its Scarborough gas project, in a legal challenge similar to one that put Santos’ $4.7 billion Barossa project on ice.
A judge has ordered KPMG to turn over its complete audit files for CuDeco in a shareholder class action against the defunct mining company’s former company directors and the accounting firm over allegedly misleading statements about the value of ore reserves at CuDeco’s Rocklands mines in Queensland.
A group representing Australian parents has taken EnergyAustralia to court for allegedly misleading over 400,000 consumers by marketings a product involving a carbon offset scheme as ‘carbon neutral’.
Despite a judge’s complaint that class action costs are generally “out of control”, the law firm that secured a $192.5 million settlement and earned about $25 million in fees in the Montara oil spill case has won approval for more fees — these ones incurred in a hearing to determine how the settlement spoils should be divided.
Commonwealth Bank and other lenders of Arrium have filed for special leave to appeal to the High Court after losing their latest bid to make two directors liable for allegedly misleading them about loan drawdown notices ahead of the steel company’s $2.8 billion collapse.