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ACCC to keep investigations of completed mergers close to its chest
Corporate 2020-08-31 5:23 pm By Christine Caulfield

The Australian Competition and Consumer Commission has told lawyers it will no longer publicise its investigations into completed mergers, which until now have been listed on the mergers public register.

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Accounting firm hits back at class action over ‘worthless and unsaleable’ Guvera shares
Class Actions 2020-08-19 5:48 pm By Alison Eveleigh

The accounting firm at the centre of a class action over failed music streaming platform Guvera has hit back at claims it was negligent in promoting an investment opportunity in the failed tech company.

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Thomson Geer eyes major firm status with raids on DLA Piper, Macpherson Kelley
Business of Law 2020-08-13 11:56 am By Miklos Bolza

Thomson Geer has raided DLA Piper and Macpherson Kelley and picked up some of Australia’s top lawyers, one month after raiding Dentons’ Brisbane office, as it aims to become one of the country’s major law firms.

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Coverforce shareholder can use docs from Resilium row in new lawsuit
Insurance 2020-08-12 6:23 pm By Alison Eveleigh

The majority shareholder in insurance broker Coverforce has won its bid to use documents from an existing lawsuit over the company’s $25 million acquisition of Suncorp unit Resilium in new proceedings it intends to bring.

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ACCC delays decision on $3B Google, Fitbit merger
Competition & Consumer Protection 2020-08-11 12:19 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has delayed it decision on whether to block Google’s $3 billion tie-up with fitness device company Fitbit to allow time for the European Union to investigate the proposed merger.

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Mills Oakley faces negligence lawsuit over share sale to Slater & Gordon
Business of Law 2020-08-05 9:53 pm By Alison Eveleigh

National law firm Mills Oakley has been accused of negligence and breach of contract over advice the firm gave regarding the sale of shares in a personal injury law firm to Slater & Gordon.

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Gilbert + Tobin faces appeal by Sydney businessman Charif Kazal
Appeals 2020-08-03 1:09 pm By Cat Fredenburgh

Sydney businessmen Charif and Tarek Kazal have appealed a ruling that found their claims against Gilbert + Tobin over an alleged dishonest scheme to rob them of a 50 per cent stake in a lucrative Sydney waste facility were “fundamentally incoherent”.

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Ashurst partner hit with indemnity costs in Point Piper property feud
Real Estate 2020-07-22 10:26 am By Christine Caulfield

An Ashurst partner in a long-running stoush with his former Family Court judge neighbour over a property in the harbourfront Sydney suburb of Point Piper has been hit with indemnity costs for “unreasonably” pushing his case.

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Gilbert + Tobin escapes Sydney businessman Charif Kazal’s ‘incoherent’ claims
Corporate 2020-07-20 10:43 pm By Christine Caulfield

Law firm Gilbert + Tobin has won the dismissal of claims brought by businessmen Charif and Tarek Kazal over an alleged dishonest scheme to rob them of a 50 per cent stake in a lucrative Sydney waste facility that a judge said was “fundamentally incoherent”.

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Virgin bondholders attempt to block sale to Bain
Restructuring & Insolvency 2020-07-06 3:27 pm By Alison Eveleigh

Virgin Australia unsecured bondholders have launched an application with the Takeovers Panel in a bid to stop the sale of the embattled airline to Bain Capital, claiming certain elements of the administration process were “unacceptable”.

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