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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.
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 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
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.
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".
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".
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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
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.
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".
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.