Industries

Beach Energy is fighting a bid to adjourn a fight about security for costs in a shareholder class action until the firm that’s running it has more favourable evidence of its debt financing position, saying the application is “doctrinally unprecedented.”

Mining giant Clive Palmer has asked the High Court to hear his challenge to a court’s finding that lawsuits he brought challenging two criminal cases against him over a takeover bid and payments to his political party were themselves an abuse of process and should be stayed.

The ACCC’s rejection of a $4.9 billion merger between ANZ and Suncorp was hardly surprising given the concentrated nature of the home loans market, but the competition regulator faced an uphill battle in having the decision upheld, an expert says.

The ACCC’s decision to block a $4.9 billion merger between ANZ and Suncorp has been set aside, with a tribunal finding the transaction will not substantially lessen competition in the home loans market or for agribusiness and SME clients in Queensland. 

The former head of brand marketing at cosmetics retailer Mecca Brands has sued the company and its chief marketing officer for allegedly using her maternity leave as a test to see if her position should be made redundant. 

A senior ABC producer has sued the broadcaster, alleging he’s owed $290,000 in underpayments, including for working an average 70 hours a week on the documentary series ‘Australian Story’.

National Australia Bank has lost its bid to shield a case by a Melbourne gold bullion dealer after a judge said one of the bank’s arguments for suppression had “the air of a Kafka novel”.

The current owners of vitamin giant Nature’s Care have lost a bid to extend an urgent injunction against the company’s founding family amid fears they were trying to regain control of the corporate group, with a judge finding the family may faced oppressive conduct themselves.

Shareholders of New Zealand construction giant Fletcher Building have told a court that late claims in their class action over alleged misleading 2017 profit forecasts are not time barred because knowledge of the allegations was not discoverable before the case was filed.

The NSW Independent Casino Commission has announced a second inquiry into embattled casino operator Star, amid concerns about its response to Adam Bell SC’s first inquiry.