ASIC has secured an interim injunction against financial adviser Ferras Merhi, whose network of advisers is accused of leading thousands of clients to invest $526 million into two failed funds.
Jones Day has poached a top class actions lawyer from Herbert Smith Freehills who has worked on some of the country’s largest representative proceedings over the course of her 17-year career.
Environment minister Murray Watt has resisted calls to split proposed legislation that would overhaul the country’s environment laws to allow business-friendly parts of the law to move forward first.
A partner who has advised on landmark energy and infrastructure projects is headed back to Ashurst, after a two-year stint at Gilbert + Tobin.
GPT Group will put down $850 million for a 50 per cent interest in the Grosvenor Place office tower in Sydney’s CBD, amid an improved outlook for the country’s official fundamentals.
Electricity company Tilt Renewables has won government approval for a 40 MW wind farm in Western Australia’s Wheatbelt.
The ACCC will oppose US keg services business Kegstar’s plans to acquire the assets of Konvoy Holdings, saying it would substantially lessen competition for keg pooling services.
Jewellery retailer Lovisa has struck back at an underpayments class action, saying it does not have the burden of disproving the underpayments claims because the applicants have not proven each alleged unpaid overtime hour was actually worked.
Regis Healthcare has acquired two new aged care homes in regional Victoria for $45 million to meet growing demand for its services.
Brittany Higgins has reportedly dropped her appeal of a judgment that ordered her to pay $315,000 in damages for defaming her former boss Linda Reynolds with social media posts that implied the ex-Liberal senator mishandled her rape allegations against Bruce Lehrmann.