A judge on Friday will hear arguments in a bid by BHP Billiton to halt a class action over the mining giant’s Brazilian mine disaster, a sweeping case filed on behalf of investors who held the company’s shares in Australia, the UK or South Africa.
Eight former directors of failed mining company Kagara have settled a shareholder class action alleging they misled investors and falsified the company’s accounting records, the Federal Court heard Friday.
MinterEllison has resolved claims by two directors of failed Solar Shop Australia alleging the law firm, which was retained by the company to advise on a buyback scheme involving $15 million in shares owned by founder Adrian Ferraretto, breached its duty of care.
The litigation funder underwriting a shareholder class action against BHP Billiton over the company’s Brazilian mine disaster is a corporation created by two major US plaintiffs’ firms with the sole purpose of backing the Australian case.
Bianca Rinehart has won a small legal victory over her mother, Gina Rinehart, with the Supreme Court permitting, but limiting, her use of subpoenas to obtain documents on the alleged misuse of funds from mining giant Hancock Prospecting.
A patent dispute between SNF and BASF that started in 2008 and went all the way to the High Court has come to an end, with the chemical giants appearing to have settled what remained of their hard-fought battle.
Electricity company Western Power was to blame for the January 2014 inferno that destroyed 57 homes in and around Parkerville, Western Australia, a lawyer told the state’s Supreme Court at the start of trial Monday on behalf of residents and property owners.
A judge has issued a ruling on the procedure for reviewing documents for legal professional privilege that were seized from mining magnate Tony Sage by the Australian Federal Police, after a stalemate over the review process left the documents in legal limbo for five years.
The credibility of a witness in the ACCC’s dismissed cartel case against Cascade Coal may prejudice an upcoming criminal trial against the son of former NSW Labor minister Eddie Obeid, a court was told Friday.
Mergers of major electricity generators would be blocked and the energy regulator given more power to combat market manipulation under sweeping reforms to reduce rising energy prices released by the consumer watchdog Wednesday.