Nuix is on the hook for $20 million before its insurers will cover its legal bills for suits over its $1.8 billion float, with a judge saying there was a good reason for the significant retention given the “notorious” expense of securities class actions.
Slater & Gordon is poised for new leadership, with chair James MacKenzie and two other directors set to depart in the wake of a scandal that saw all staff salaries disclosed in a firm-wide email.
A consortium of Ki Corporation and New York Stock Exchange-listed Public Storage has pulled a $2.2 billion offer to acquire Abacus Storage Kings.
Two elections and three different Environment Ministers later, and a heritage application to protect Murujuga rock art from Woodside’s activities on the North West Shelf remains undecided — a delay blasted by a judge as unreasonable and perverse.
Singapore-based developer Maplewood Investments has acquired a 1,398 square metre site in Perth’s CBD to develop a premier 835-bed student housing accommodation.
The federal government is planning a pause on new construction rules as it aims to speed development of new housing, following feedback from its three-day economic reform roundtable.
The financial crimes regulator has ordered the Australian unit of the world’s largest crypto exchange, Binance, to appoint an external auditor after flagging concerns about its anti-money laundering and counter-terrorism financing compliance.
Corrs Chambers Westgarth has lured a corporate lawyer who spent 14 years working at Gilbert + Tobin, its latest hire from the rival firm.
Real estate investment manager Marquette Properties has acquired an office tower on George Street in Brisbane for $52 million, after scooping up another tower down the street last year for a student accommodation.
Google has agreed to pay a $55 million penalty for making anti-competitive agreements requiring Telstra and Optus to pre-install Google Search on Android devices they sold.