The Australian Competition and Consumer Commission is weighing up undertakings proposed by Swiss construction chemical company Sika AG to alleviate concerns that its planned acquisition of Germany-based MBCC Group would be anticompetitive.
Hyundai and Kia are facing âmassive compensation claimsâ by hundreds of thousands of car owners over allegedly defective anti-lock braking systems said to render some of the manufacturersâ most popular models potential fire hazards.
Monash IVF has hit back at a class action brought on behalf of hundreds of men and women demanding damages for the alleged destruction of potentially viable embryos, saying patients âwere made aware of the risksâ of a novel testing technique.
Group members in a class action against Fonterra are set to reap about $13 million from a $25 million settlement reached with the dairy company, following deductions including the costs of the litigation funderâs after-the-event insurance.
Clayton Utz has snagged an energy regulatory expert who has worked as general counsel at AusNet and was formerly a partner at Herbert Smith Freehills to join its Melbourne corporate practice.Â
A Corrs Chambers Westgarth veteran known for his work defending the Catholic Church has left the law firm for rival Wotton + Kearney, taking with him a number of senior associates as well as the Catholic Archdiocese of Melbourne.
An appeals court has dismissed an appeal from two contractors who worked on Chevron’s Gorgon gas field project who allege they were underpaid over $130 million by the energy giant.
Seven Network has dropped its lawsuit accusing Cricket Australia of breaching their media rights agreement, after reportedly reaching a new five-year agreement with the sports league.
Wood-fibre processor and exporter Midway Limited has been hit with a $33,000 penalty after the Australian Securities and Investments Commission alleged it failed to disclose a revenue downturn to shareholders.
ASIC commissioner Sean Hughes will step down next month after taking a role with investment manager Vanguard â which paid a $40,000 fine to the corporate watchdog just last month.