A judge overseeing a case brought by the former boss of Nuix has taken the embattled technology company to task for failing to comply with court orders that it file evidence by the end of last week.
EY has reached an in-principle settlement in a case brought by Melbourne-based joint venture Shepparton Partners Collective alleging the consulting giant was negligent, but the firm copped a dressing down from a judge on Thursday for asking him to keep its motion to toss the case on ice.
The ACCC has called for further public submissions on a proposed acquisition by JBS Australia of a Singapore-owned pig farm and abattoir business after it raised preliminary competition concerns with the $175 million sale.
The ACCC has given the OK to the proposed merger of BPAY, eftpos and the New Payments Platform, saying competition between the three payment system companies was marginal and that “strong competitors” would remain after the union.
The former CEO of Advanced Energy Minerals, which specialises in mining high purity alumina to be used in high-demand products like lithium-ion batteries and LED lights, is planning to file a derivative lawsuit accusing the company of oppressive conduct.
The Australian Securities and Investments Commission issued notices Thursday to Nuix seeking documents in its investigation of the troubled tech company.
Hall & Wilcox has expanded its corporate insurance, commercial and regulatory offering with the appointment of new partner Philip Hopley, formerly of Herbert Smith Freehills.
ASIC has agreed to provide Westpac with the transcript of a compulsory examination of one of its traders in court proceedings accusing the bank of insider trading in relation to the $16 billion privatisation of electricity provider Ausgrid.
Consulting giant EY wants a court to dismiss a case brought by a joint venture alleging negligence in due diligence reports of Coca-Cola Amatil’s $40 million sale of fruit processing business SPC.
ACCC chair Rod Sims has mooted a raft of reforms to Australia’s merger and acquisitions regime, which he said Friday was ‘skewed towards clearance’.