Law firm Maddocks has been ordered to pay more than $1.4 million in indemnity costs for âthrowing good money after badâ in failing to consider a settlement offer in a negligence lawsuit over a client’s botched deal with Woolworths.Â
IVF company Virtus Health has withdrawn its offer to acquire rival Adora Fertility from Healius, citing the competition regulator’s opposition to the takeover.
The former CEO and chairman of Antares Energy has been banned from managing corporations for four years and hit with a $40,000 penalty for failing to disclose to the market the buyer behind an ill-fated US$254 million acquisition of Texas oil assets.
The Australian Competition and Consumer Commission has will not oppose Woodside Petroleumâs $41 billion acquisition of BHP Petroleum International, saying the oil and gas giant would have no incentive to reduce domestic gas supply.
The Australian Securities and Investments Commission has opposed BlueScope Steel general manager Jason Ellisâ request for court permission to manage another company, saying he should wait until the ACCCâs price-fixing case against him has been decided.
The Australian Competition and Consumer Commission has given the green light to pork processor JBS Australia to proceed with its proposed $175 million acquisition of a Singapore-owned pig farm and abattoir business, despite competition concerns raised by pig farmers.
A senior ACCC officer was probed Tuesday on whether the competition regulator updated its guidelines for taking witness statements in July in response to criticism of investigators’ methods in the cartel probe over ANZ’s $2.5 billion share placement.
A judge has dressed down ASIC over the handling of its action against GetSwift, criticising the regulator’s failure to seek a court injunction to prevent the company’s relocation to Canada.
Melbourne-based joint venture Shepparton Partners Collective has lost its appeal of a $1.2 million judgment that found it infringed software developer QAD’s copyright by failing to pay a transfer fee to retain the licence after it acquired the iconic SPC Ardmona cannery in Victoria from Coca-Cola Amatil for $40 million.
The Australian Competition and Consumer Commission says Metaâs proposed acquisition of customer relationship management start-up Kustomer is unlikely to have any substantial impact on competition.