Relative newcomer Hamilton Locke has lured two lawyers from Corrs Chambers Westgarth and one from Gilbert + Tobin to grow its corporate team.
The Australian Competition and Consumer Commission has approved France-based Louis Dreyfus’ proposed acquisition of ASX-traded cotton gin operator Namoi Cotton, after accepting an undertaking that allayed its competition concerns.
ANZ has confirmed that senior executives could face consequences in an investigation led by Herbert Smith Freehills and Allens regarding concerns that it manipulated government bond sales last year.
ASIC has brought civil penalty proceedings against Chinese government-owned agri-business COFCO, alleging it manipulated the market for Eastern Australian wheat futures market contracts in 2022.
The Treasurer has released draft legislation for an overhaul to Australia’s merger review regime, but has not yet revealed the threshold for mergers that will need to be signed off on by the Australian Competition and Consumer Commission.
A judge has rejected arguments that Virgin Australia waived legal professional privilege over advice from Herbert Smith Freehills by claiming in a class action defence that it had a reasonable belief that statements in a prospectus for a $324 million capital raising were not misleading.
The CFO of former market darling Big Un, who has been charged with insider trading, has been excused from filing a defence or taking other procedural steps in the collapsed company’s case against its ex-directors.
Gadens has merged with Canberra firm Trinity Law, expanding the firm’s national footprint and boosting its capacity to take on government work.
Mills Oakley has lured a founding partner of Hamilton Locke and an environmental, social and governance lead from KPMG to join its Sydney team.
The managing partner of a leading plaintiff law firm has agreed to drop his case against a Melbourne law firm, which he claimed failed to properly advise him on an agreement that barred him from selling his shares in Slater & Gordon before the firm’s share price plummeted in 2015.