Elanor Funds Management’s board on Friday unanimously recommended that securityholders reject the takeover offer and provided an expert independent report from Kroll Group that concluded the offer of $0.70 in cash per stapled security undervalued the fund.
An appeals court has binned construction firm Shamrock’s second bid to toss waste management firm Cleanaway’s $31 million claim for costs associated with cleanup of an Ipswich dump following a flood.
A judge has ordered embattled Optus to pay a $100 million penalty for “appalling” contraventions, after the telco admitted staff pressured customers into buying phones they couldn’t afford.
Media giant Seven Network is facing a class action investigation into possible underpayments, including the alleged failure to pay rest breaks and overtime.
A judge has ordered the Australian Broadcasting Corporation to pay $150,000 for unfairly dismissing presenter Antoinette Lattouf because of her opposition to the Israeli military campaign in Gaza.
Rebel Sport owner Super Retail Group has reached a settlement in a lawsuit by two former employees, just days after the retailer sacked its CEO.
Sports merchandise company Fanatics is going another round in its trade mark fight with AFL apparel maker FanFirm, urging the High Court to give guidance on the defence of honest concurrent use.
The FWO has taken the CFMEU and two officials to court for allegedly threatening to ban an Indigenous work hire company from working on Melbourne construction projects and making unlawful representations about CPB Contractors’ $761 million contract for the Monash Freeway upgrade.
In a landmark decision, the Full Bench of the Fair Work Commission has awarded lost pay to an Uber driver who was unfairly deactivated from the ridesharing app for two months following a false complaint by passengers who assaulted him.
Finish maker Reckitt Benckiser has lost its bid to trademark the shape of its dishwashing capsule, with a delegate finding it was not a “wholly concocted” shape that can be distinguished from similar products by other brands.