Latest Legal Proceedings News

ANZ Bank New Zealand has lodged an appeal against a High Court summary judgment in a class action related to consumer credit laws, prolonging legal uncertainty for the lender.

Burgundy Diamond Mines announces a court-approved extension and financing for Arctic Canadian Diamond Company Ltd, alongside appointing Brent Mierau as CFO to steer through ongoing market challenges.

ASX Limited projects a significant 18-21% rise in expenses for FY27 driven by technology modernisation and regulatory response, while increasing capital expenditure guidance to up to $200 million.

The Spanish Supreme Court has accepted an appeal that could reshape the permitting process for Highfield Resources’ Muga Project, triggering financing negotiations and legal scrutiny over mining concession procedures.

Mayne Pharma has been awarded $13.27 million in legal costs by the Supreme Court of New South Wales after successfully defending against Cosette Pharmaceuticals’ claims tied to a terminated acquisition deal.

Equity Trustees Superannuation Limited (ETSL) will contest ASIC's Federal Court civil proceedings related to the First Guardian Master Fund, where member losses total around $70 million. The trustee insists it acted within its fiduciary duties amid ongoing liquidation efforts.

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.

Classic Minerals has restated its 80% beneficial interest in the Forrestania Gold Project, emphasizing that recent acquisitions by Forrestania Resources do not affect its rights, which remain protected amid ongoing Supreme Court litigation.

Paladin Energy Ltd (ASX:PDN) swung to a quarterly profit with US$8.4 million gross profit and bolstered its balance sheet through a A$400 million equity raise, positioning itself for expansion in uranium production and development.

5E Advanced Materials secures a decade-long boric acid offtake agreement and advances boron product development, while reporting a $12.1 million quarterly loss and planning ASX delisting.

News Corporation reported a 9% revenue increase to $2.185 billion in Q3 FY2026, driven by growth across its media and real estate segments, but net income attributable to stockholders declined 14% amid rising costs and restructuring.

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.