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ACCC blocks Kegstar acquisition of Konvoy assets
The ACCC has opposed US-based keg pooling company Kegstar's proposed acquisition of the assets of rival Konvoy, the latest acquisition blocked since the new mandatory merger review came into effect.
Ex-Star GC wins stay of $400K penalty in ASIC case
Star's former chief legal offer has won a stay of a $400,000 penalty as she appeals a finding that she breached her directors' duties by failing to alert the company's board to money laundering risks in its Sydney casino.
Construction PRO
Firmus secures $2.8B equity commitment to speed data centre rollout
Firmus has secured $2.8 billion in equity commitments to speed the rollout of its data centres across Australia, as the AI data centre start-up preps for a debut on the ASX later this year.
Construction PRO
High Court declines to hear case over domestic building insurance
The High Court has declined to review a ruling from the Victorian Court of Appeal that found domestic building insurance policies do not respond to when a defect arises, but rather to when loss or damage is suffered.
Clive Palmer asks High Court to revive case against former ASIC chair
Billionaire Clive Palmer has asked the High Court to revive his misconduct claims against former ASIC chair James Shipton, which the Full Court rejected as "little more than a house of cards".
Ex-Berndale Capital director jailed for misusing company funds
A former director of collapsed Melbourne-based over-the-counter derivatives broker Berndale Capital Securities will serve 23 months in prison after pleading guilty to misusing company funds, misconduct that ASIC called "egregious".
Construction PRO
AsheMorgan exec defeats suit over sale of $26M Rose Bay mansion
AsheMorgan principal Michael Rothner has defeated a suit by a member of the Waterhouse horseracing dynasty over the $26 million sale of a Rose Bay mansion, with a judge finding Rothner did not breach the agreement by authorising the removal of trees on a neighbouring property to improve his harbour views. 
Construction PRO
ACCC opens review into Merivale’s acquisition of Sackville Hotel
The ACCC has opened a review into whether Merivale's proposed acquisition of Sydney's Sackville Hotel from the Fairfax family could substantially lessen competition in Rozelle's pub market.
Savills loses bid to toss sexual harassment suit
US real estate firm Savills has failed to summarily dismiss a lawsuit alleging sexual harassment, which a judge said if true "indicated a culture of discriminatory sexist behaviour of a serious kind".
IAG provides undertaking in ACCC review of $1.3B takeover of RACW
Insurer IAG has provided a draft undertaking in the hopes of alleviating the ACCC's concerns that its $1.35 billion takeover of the RAC WA’s insurance operations would substantially lessen competition for certain insurance products in the state.