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ACCC won’t appeal loss in challenge to $4.9B ANZ, Suncorp merger
Competition & Consumer Protection 2024-03-05 9:52 pm By Cat Fredenburgh

The competition regulator will not appeal a tribunal ruling that set aside its decision to block the $4.9 billion merger between ANZ and Suncorp, but promised it will continue to scrutinise the banking industry.

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OAIC’s decision to refuse second Optus class action complaint quashed
Privacy & Cybersecurity 2024-03-04 10:11 pm By Sam Matthews

A judge has quashed the OAIC’s decision to reject a second class action-style complaint filed over the massive Optus data breach, finding the Privacy Act does not bar second-in-time proceedings. 

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Affidavits by Ashurst lawyers adequate for Racing Victoria’s privilege claim, judge says
Competition & Consumer Protection 2024-02-23 11:30 pm By Christine Caulfield

A judge has ruled hearsay evidence given by Ashurst solicitors is sufficient for Racing Victoria to bring a claim for legal professional privilege over documents ordered to be produced to Racing NSW, which alleges it was the victim of an anti-competitive plot.

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ACCC faced ‘formidable obstacle’ in fight against ANZ, Suncorp merger
Analysis 2024-02-20 10:30 pm By Cindy Cameronne

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.

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ACCC’s decision blocking $4.9B ANZ, Suncorp merger overturned by competition tribunal
Competition & Consumer Protection 2024-02-20 9:56 am By Cindy Cameronne

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. 

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Corrs Chambers Westgarth loses head of gender equality to Ashurst
Business of Law 2024-02-20 10:18 pm By Sam Matthews

Ashurst has lured a senior commercial litigation partner from Corrs Chambers Westgarth, who has praised her new firm’s commitment to gender equity.

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Full Court revives Finish Powerball trade marks, but it’s not a clean victory
Intellectual Property 2024-02-16 4:56 pm By Cindy Cameronne

The maker of Finish dishwashing products, RB Hygiene, has won a partial appeal in a trade mark stoush with rival Henkel, with the Full Court reviving two of its trade marks but rejecting its challenge to a logo for competing Somat-branded products.

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Maddocks nabs IP pro from Ashurst
Business of Law 2024-02-15 5:22 pm By Sam Matthews

Maddocks has recruited a special counsel from Ashurst to head up its trade marks and brand protection practice. 

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Noumi seeks to shield PwC report in privilege fight with ASIC
Securities 2024-02-14 5:39 pm By Cindy Cameronne

Noumi has argued a PricewaterhouseCoopers report commissioned by its lawyers at Ashurst is protected by legal professional privilege, after the food manufacturer admitted to overstating the value of its inventory and failing to properly disclose its financial position.

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Net emissions from Mount Pleasant mega coal mine project not the point, appeals court told
Energy & Natural Resources 2024-02-12 11:59 pm By Cindy Cameronne

Federal environment minister Tanya Plibersek wrongly focused on the net effect of approving an application by MACH Energy and Whitehaven Coal to extend two mega coal mines in New South Wales, an advocacy group has told an appeals court.

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