Latest Legal Disputes News

Strata Investment Holdings has dismissed a cash acquisition proposal from Freedom BidCo, citing undervaluation, even as it raises A$8 million to fund strategic investments and litigation.

Helix Resources highlights unresolved legal and procedural issues in the Gold Basin-CANEX arrangement despite shareholder approval, underscoring ongoing court scrutiny and contested joint venture validity.

Mayne Pharma has received $14.4 million from Cosette Pharmaceuticals covering legal costs and interest following a Supreme Court ruling in its favour. The legal battle continues with Cosette’s appeal decision pending.

Sequoia Financial Group has pushed back its interim dividend payment to 29 June 2026 due to unresolved court proceedings and negotiations over the sale of its InterPrac subsidiary. The Federal Court has set a tight timetable for filings on the Share Sale Agreement status, with a potential hearing in July.

Classic Minerals has taken a decisive step towards mining at its Forrestania project by issuing a formal Notice of Decision to Commence Mining for the Lady Ada and Lady Magdalene deposits, despite ongoing legal challenges.

Energy Transition Minerals (ASX: ETM) has appointed Alexander B. Gray, a former senior US national security official, to its Strategic Advisory Board, enhancing its geopolitical clout and US engagement as it pushes forward with its Greenland rare earths project.

Ex-CEO Geoff Cockerill has initiated court proceedings against Vitura Limited, alleging breaches of the Fair Work Act related to his January 2026 departure. Vitura maintains all contractual obligations were met and plans to resolve the dispute swiftly.

Sequoia Financial Group has pushed back its interim dividend payment to 3 June 2026, citing ongoing Federal Court proceedings triggered by ASIC over the contested sale of its InterPrac subsidiary.

Classic Minerals faces a full trial in its legal dispute over Forrestania tenements but retains 80% gold rights and asserts claims to full ownership, continuing exploration plans amid uncertainty.

ARN Media reported a 10% revenue decline in FY25 but accelerated digital growth and cost savings, while defending ongoing legal disputes with former talent.

Celsius Resources faces a setback as interim legal orders to block Sodor’s control over Makilala Mining are denied, with recent shareholder meetings reshaping the board despite expired payment deadlines.

Holista Colltech has partnered with Swang Chai Chuan to develop a nano-collagen production facility in Western Australia, marking a major step in commercialising its collagen technology with a $1.6 million initial investment.