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Virgin's administrators have reached a deal with Bain Capital to buy the airline and its subsidiaries, saying Friday US investment firm had made a "strong and compelling" bid to keep Australia’s second airline operating and secure the jobs of thousands of workers.
The competition regulator wants the High Court to hear its challenge to Pacific National's $205 million acquisition of Aurizon's Acacia Ridge Terminal in Queensland, saying the deal would entrench the rail freight carrier's near monopoly on the east coast of Australia.
Google has reached agreements with publishers in three countries to pay for news, as the ACCC works out the details of a mandatory code under which the search giant and Facebook would be forced to pay publishers for news.
A challenge to a judgment which found that one partner of a corporate insolvency firm "ambushed" the other to leave the business has been partially overturned by an appeals court.
The judge overseeing a copyright infringement lawsuit against an electronic music duo and Air France over the 1977 disco hit 'Love Is In The Air' has denied a request to re-open the case or tweak his reasons for rejecting most claims for damages, saying the plaintiffs' opportunity to raise an argument they had likely "overlooked" had passed.
A settlement has been reached in a dispute between UK-based Hill & Smith Holdings and Australia-based Safe Barriers Pty Ltd over a patented road safety barrier system.
The former CEO of Commonwealth Bank subsidiary Beem It was dismissed for blowing the whistle on multiple conflicts of interest by directors of the digital payment company, just months after she was warned by one director that the "CBA wagons" were circling her, a lawsuit alleges.
The High Court is reaching out to more than 100 former associates who worked during the tenure of former Justice Dyson Heydon, the high-powered judge facing legal action after being found to have sexually harassed several female associates.
A judge has agreed to give two executives of Geowash a reprieve from enforcement of $2.7 million in penalties pending an appeal of a judgment in an ACCC case that found the car wash franchisor overcharged franchisees and misled them about expected revenue.
After claiming he could be vindicated only by giving evidence in open court, war veteran Ben Roberts-Smith looks likely to get his wish, as the parties to his defamation proceedings finalise negotiations with the Federal Government on the use of national security information.