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Judge throws out suit against Slater & Gordon over Allegro takeover
Corporate 2024-06-12 2:39 pm By Sam Matthews

A judge has thrown out a shareholder’s case against Slater & Gordon over the firm’s takeover by private equity firm Allegro, after finding the firm was not the proper target for the claims. 

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Climate activist firm takes NAB to court
Climate change 2024-06-07 11:42 pm By Cat Fredenburgh

A law firm that has gone after major banks and the federal government over their climate exposure has trained its sight on the National Australia Bank.

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High Court won’t take up Clive Palmer’s challenge to criminal charges
High Court 2024-06-06 11:37 pm By Cat Fredenburgh

The High Court will not hear mining magnate Clive Palmer’s challenge to a court’s finding that lawsuits he brought challenging two criminal cases against him over a takeover bid and alleged payments to his political party were an abuse of process and should be stayed.

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MinterEllison nabs energy and resources expert from Dentons
Energy & Natural Resources 2024-06-04 11:08 pm By Andy Sidler

MinterEllison’s Perth office has welcomed a new energy and resources expert from Dentons, fleshing out the firm’s Western Australian capabilities. 

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Global Payments’ tie-up with School Bytes faces scrutiny by competition cop
Competition & Consumer Protection 2024-05-23 1:46 pm By Andy Sidler

Global Payments’ plan to acquire Sydney software company School Bytes Learning may substantially lessen competition, the Australian Competition and Consumer Commission has said in outlining preliminary concerns with the deal.

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Baker McKenzie dragged into lawsuit over Armour takeover
Corporate 2024-05-21 2:51 pm By Sam Matthews

Baker McKenzie has been dragged into a court case brought by a shareholder and creditor of failed energy company Armour Group, which alleges the law firm was knowingly involved in a plan by China-based Shunkang Group to take control of the company for cheap.

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ACCC raises concerns over Louis Dreyfus’ proposed takeover of Namoi Cotton
Competition & Consumer Protection 2024-05-16 11:42 pm By Andy Sidler

The Australian Competition and Consumer Commission has expressed concerns that France-based Louis Dreyfus’ proposed acquisition of ASX-traded cotton gin operator Namoi Cotton could substantially lessen competition and lead to higher prices for ginning services.

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ASIC investigating ANZ over role in government bond issuance
Investigation 2024-05-14 11:12 pm By Andy Sidler

The Australian Securities and Investments Commission is investigating ANZ’s dealings in its role as risk manager of 10-year government treasury bonds worth $14 billion. 

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Builder can’t revive abandoned claims against AGL
Energy & Natural Resources 2024-05-14 11:08 pm By Sam Matthews

Collapsed construction and maintenance company General Trade Industries has lost its bid to revive abandoned claims against AGL in a nearly four-year old contract case over work on two Queensland gas plants, with a judge finding the company has had “more than a sufficient opportunity to plead its case”.

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IPH moves to swallow up IP services rival QANTM with $265M offer
Corporate 2024-05-08 11:04 pm By Cat Fredenburgh

IP services giant IPH Limited, which owns IP boutiques Spruson & Ferguson and Griffith Hack, has made an offer worth $265 million to acquire its rival QANTM Limited, after failing to woo its main competitor with a takeover bid in 2018.

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