The ACCC has approved the buyout of Australian energy giant Origin Energy, after finding that significant competition concerns were outweighed by the likely benefits to the country’s transition to renewable energy.
The former CEO of collapsed Sydney stockbroking firm BBY Limited has been charged with two counts of aiding, abetting, counselling or procuring fraud.
A talent scout whose company was acquired by Teneo is suing the Australian arm of the global CEO advisory firm, alleging she endured 16-hour workdays and was exposed to a toxic, male-dominated work culture.
NAB unit NULIS Nominees was “hopelessly conflicted” in continuing to charge allegedly unlawful adviser commissions to superannuation fund members, a court has heard on the first day of a class action trial.
Westpac has been hit with a class action for allegedly overcharging superannuation customers for insurance coverage, months after paying $30 million to settle a separate superannuation class action.
A bondholder class action against Virgin is heating up, with the airline filing a cross-claim seeking the court’s approval to demand periodic payments from the applicant to cover its costs under a contentious indemnity clause.
A judge has set down former NSW premier Gladys Berejiklian’s bid to overturn a corruption finding by ICAC for a hearing in February and urged both sides to run the case expeditiously, saying speed would be a “hallmark” of the proceedings.
The Commonwealth of Australia has asked the court to throw out an adverse action suit brought by a former political staffer who says she was subjected to “a course of bullying behaviour” by South Australian MP Rebekha Sharkie.
A new report shows lawyers are already managing the risks of unknowingly facilitating money laundering and don’t need to be subjected to “an extreme, disproportional and potentially damaging AML/CTF regime”, according to the Law Council of Australia.
A class action against the AFL on behalf of players who allegedly suffered brain injuries will expand its group definition to include family members and dependents, while a competing case by the widow of Shane Tuck has been dropped.