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A judge has dismissed a lawsuit brought by Arnold Bloch Leibler seeking to use information from its legal work on Slater & Gordon's $1.2 billion acquisition of UK firm Quindell to defend itself in a class action brought by the plaintiffs firm's shareholders.
In a win for ASIC, a judge has found that former oil and gas company Antares Energy violated its continuous disclosure obligations by failing to reveal the name of the buyer behind an ill-fated US$254 million acquisition of Texan oil assets.
ASIC and the applicant in a class action against GetSwift have intervened in an application by the logistics provider to relocate its headquarters to Canada, aiming to ensure shareholders are aware of the potential outcomes of the regulator's enforcement action, which include banning orders against directors Bane Hunter and Joel Macdonald.
The Australian Competition and Consumer Commission has raised concerns about Alsco's proposed acquisition of commercial laundry business Spotless Garments, saying the combined entity would have few large competitors.
Commonwealth Bank of Australia has resolved a lawsuit brought by a former general manager alleging he lost his job for blowing the whistle on a system allegedly used by staff to inflate their bonuses.
The competition watchdog will not oppose Mylan NV’s proposed merger with Pfizer’s Upjohn Inc after the global pharmaceutical giants agreed to sell several off-patent brands to dispel competition concerns.
Virgin Australia has been ordered to return four jet engines to the United States, after a court found the embattled airline and its administrators failed to properly hand over the engines and other equipment to their owners.
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.
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.
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.