The federal government’s bill to overhaul the merger review regime has been welcomed by the regulator, but competition lawyers have warned the clearance process under the reforms will prove more challenging.Â
Super Retail has lost its bid to restrain Harmers Workplace Lawyers from acting for two former executives, despite a judge finding the firm had a conflict of interest.
The CDPP and ASIC have succeeded in staying Clive Palmerâs case challenging the lawfulness of a seven-year-old examination, with a judge finding it would fragment criminal cases against the mining magnate.
The Treasurer is expected to introduce legislation on Thursday that will mandate review of mergers above a certain monetary threshold and tie-ups deemed “high risk”.
Super Retail says two former executives were fired because of an alleged defamatory media release published by their solicitors, who should be disqualified from the case.
Court-appointed receivers of investment firm Keystone have won an extension to a freezing order against a Melbourne developer who is suspected of receiving $160 million in investor funds.Â
ANZ has lost its appeal of a landmark decision finding it breached continuous disclosure rules by failing to disclose a $750 million bailout by underwriters during a $2.5 billion capital raising.
Investment firm Keybridge must contribute to a director’s “substantial” legal bill from a dispute with another director, with a judge finding there was no âlack of clean handsâ that would prevent him from being indemnified.
Drug supplier Sigma Healthcare has offered an undertaking in a bid to allay the competition regulator’s concerns about its proposed merger with Chemist Warehouse.Â
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.