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ASIC launches probe into insider trading of Accent Group shares
ASIC has opened an insider trading investigation into the trading of retailer Accent Group's shares, asking the company to preserve communications by its CEO Daniel Agostinelli.
Judge rejects Goldstone exec’s privilege claim over Thomson Geer advice
A company owned by ex-Goldstone Private Equity managing director Alexandra Commins can't assert privilege over Thomson Geer advice that was provided jointly to her business partner James Angelis, ahead of a hearing on penalty after the court found the PE firm acted oppressively towards her.
Ex-Berndale Capital director pleads guilty to misusing company funds
Another former director of collapsed Melbourne over-the-counter derivatives broker Berndale Capital Securities has pleaded guilty to misusing company funds, after his fellow director was sentenced to prison time.
HWL Ebsworth CEO to take reins in slimmed-down leadership structure
The board of HWL Ebsworth has thrown its support behind CEO Kris Hopkins to lead the firm, which will transition to a single chief executive model following the resignation of chief executive partner Russell Mailler.
Construction PRO
Government awards $5B in renewable energy projects in WA
The federal government has awarded contracts to 10 new renewable energy projects in Western Australia, which will deliver a combined 1.9 gigawatts of renewable energy and 484 megawatts of battery storage.
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Australia signs critical minerals agreement with Japan
Australia has signed a critical minerals agreement with Japan, under which it will invest up to $1.3 billion in critical minerals projects with its Asian ally to help reduce dependence on China.
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Piper Alderman hires real estate partner from Clayton Utz
Piper Alderman has hired a leading real estate partner from Clayton Utz who brings in-demand expertise on renewable energy and large-scale developments to the firm.
Gadens brings on 8 new partners in major growth push
Gadens has brought on eight new partners, building out its offering for in-demand practices like corporate, financial services and real estate and construction.
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Suit tossed over failed $20.7M deal for Adgemis’ Hotel Diplomat
A judge has tossed a suit seeking to recover a $1 million deposit on a $20.7 million agreement to purchase the former John Adjemis-owned Hotel Diplomat in Potts Point, after the deal fell through over concerns about mold and water ingress.
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Landbridge starts ICSID proceedings in fight over Darwin Port
The owner of Darwin Port, Landbridge Group, has brought arbitration proceedings against the Australian government following threats that it will force the Chinese firm to sell the port.