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Acciona accused of blocking access to $511M waste-to-energy plant
Acciona 2023-02-24 3:23 pm By Sam Matthews Melbourne

Spanish infrastructure giant Acciona has been sued by the entity in charge of a $511 million waste-to-energy plant south of Perth, which says it was unlawfully shut out of the project site after “commercial issues” arose between them.

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Slater & Gordon to end run on ASX with Allegro Funds buyout
Business of Law 2023-02-24 5:46 pm By Cindy Cameronne Sydney

Slater & Gordon is poised to go private in an off-market takeover by Allegro Funds valuing the company at 55 cents per share, 16 years after it became the first law firm to list on the ASX, reaching a peak valuation of $2.8 billion.

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Slew of insurers targeted in Virgin bond holders class action
Class Actions 2023-02-24 4:51 pm By Cat Fredenburgh

A class action accusing Virgin Australia of failing to disclose its true financial position in a 2019 prospectus for a $324 million capital raising is seeking to join a slew of the airline’s insurers to the case.

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Chinese crypto miner wins return of equipment in five-way stoush
Cryptocurrency 2023-02-24 10:26 pm By Sam Matthews Melbourne

A Chinese crypto miner has won its equipment back, for now, after a Melbourne business it charged with looking after the machines allegedly allowed four other businesses to access them, culminating in a five-way stoush involving an ambulance and police.

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ASIC alleges RACQ misled customers about insurance discounts
ASIC 2023-02-24 2:39 pm By Sam Matthews Melbourne

The Australian Securities and Investments Commission has instituted court proceedings against the insurance arm of Queensland’s peak motoring body alleging it misled customers about their entitlement to discounts on a range of insurance products.

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$192.5M oil spill class action settlement gets nod, but firm’s cut to be decided
Agriculture 2023-02-23 2:10 pm By Sam Matthews Melbourne

A judge has approved a $192.5 million settlement in an oil spill class action on behalf of Indonesian seaweed farmers, but the slice for the law firm running the action and its litigation funder remains to be determined amid allegations of negligence by the former lead applicant in the case.

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Law firm shaves 0.5% off payout in second go at class action contingency fee
ANZ 2023-02-23 5:11 pm By Cindy Cameronne Sydney

Maurice Blackburn has had a second crack at a group costs order in three class actions against banks over alleged flexible commission schemes after a judge in 2021 rejected what was then the first-ever application for a contingency fee.

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ACCC loses appeal in ‘fanciful’ NSW Ports competition case
ACCC 2023-02-23 1:23 pm By Cindy Cameronne Sydney

The Australian Competition and Consumer Commission has lost its challenge to a decision that tossed its case alleging NSW Ports stymied competition when it signed a 50-year agreement with the state to privatise two ports. 

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Retired Federal Court judge joins DLA Piper as senior advisor
Business of Law 2023-02-23 11:01 pm By Christine Caulfield

A Federal Court judge who stepped down from the bench in December is joining global law firm DLA Piper after just four months in retirement.

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Reporter details ‘sexist culture’ of Ten’s Canberra bureau
Corrs Chambers Westgarth 2023-02-23 11:04 pm By Cindy Cameronne Sydney

Journalist Tegan George has reworked her sex discrimination case against Network Ten, claiming the Canberra bureau had a culture that was “sexually hostile, demeaning and oppressive”.

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