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Mayne Pharma is facing a new hurdle in its plans to merge with US drug maker Cosette, with the Treasurer flagging it may block the $672 million deal.
Construction PRO
Engineering firm GHD Australia, which was recently joined to a class action over a bus crash in NSW’s Hunter Valley that killed 10 passengers, has said it may bring cross-claims against its fellow defendants.
Clyde & Co has boosted its corporate insurance and commercial offering by luring a partner from Gilchrist Connell.
The NSW government is planning to appeal a ruling that ordered it to pay $93,000 in damages to the lead plaintiff in a class action over police strip search at music festivals.
Construction PRO
The federal government has approved a battery energy storage system in the Western Downs region in Queensland in just 19 days.
Construction PRO
The events described by an ex-Master Builders Association board member read like a best-seller, involving as they do boardroom drama, a secret investigation and an alleged whistleblower. But as thrilling as they sound, they don't support orders for discovery against the construction lobby group, a judge has said.
WiseTech's Sydney office has been raided by federal police and the corporate regulator as part of an investigation into share trading by its billionaire chairman and founder Richard White and three others.
Construction PRO
The Business Council of Australia has released a report calling for policy reforms to facilitate private sector infrastructure development, including changes to the EPBC Act.
Construction PRO
Environment minister Murray Watt has resisted calls to split proposed legislation that would overhaul the country's environment laws to allow business-friendly parts of the law to move forward first.
ASIC has secured an interim injunction against financial adviser Ferras Merhi, whose network of advisers is accused of leading thousands of clients to invest $526 million into two failed funds.