Olam Agri Holdings has offered to divest its Queensland cotton gin and a 20 per cent holding in a leading Australian cotton classing company to win approval for its takeover of Namoi Cotton.
In a first, EnergyAustralia has been ordered to pay $14 million for breaching the Electricity Retail Code by misleading customers about prices.
Medical device supplier Medtronic has been socked with a $22 million penalty after it supplied non-compliant bone graft kits to hospitals, in what is the largest penalty under the Therapeutics Good Act.
Mastercard is fighting an evidentiary win for the competition watchdog in a case alleging the payments giant misused its market power in deals with major retailers.
A judge has found energy company AGL committed thousands of contraventions of the Retail Rules by continuing to deduct payments from welfare recipients after they had closed their accounts.
A Sydney trader has brought an unfair dismissal case against CMC Markets, alleging his manager threatened his job and life after he complained about a shortfall in bonuses totalling more than $500,000.
A unit of construction company Fletcher Building has been hit with a class action over its Pro-Fit pipes, which have been blamed by Western Australian builder BGC for plumbing failures in thousands of Perth homes.
A judge has rejected Lendleaseās argument that Queensland building legislation does not apply to cross-border works carried out at Gold Coast Airport, saying the builderās construction of the law would require a ābolt-by-boltā analysis of construction work.
In submissions to the High Court, the applicant in a class action brought on behalf of Arrium shareholders against KMPG has attacked the Attorney-Generalās argument that a contingency fee order is a neutral factor in assessing the accounting firmās bid to move the case from Victoria.Ā
Jones Day has bolstered its financial markets practice with the addition of a former Baker McKenzie special counsel.Ā