Herbert Smith Freehills Kramer

US private equity firm Brookfield has made a $4.09 billion play for Reliance Worldwide, in a takeover bid the plumbing giant said was a "meaningfully improved" proposal on three previous offers.

Oil and gas company Beach Energy has agreed to pay $43. 5 million to settle a shareholder class action on the eve of trial.

A shareholder class action that succeeded in the Full Federal Court has argued that Worley's appeal to the High Court should be rejected, saying that its proof regarding market-based causation was “overwhelming”.

A judge has dismissed a portion of an applicant's claims in FWO and class action cases against Coles and Woolworths, while final declarations against the supermarket giants remain to be made, almost one year after the companies were found liable for $780 million in back pay.

An appeals court has found that a judge misapprehended the Evidence Act by saying the legal team in a dispute over $100 million in land may be complicit in obtaining evidence unlawfully, and that there was no need for the lawyers to withdraw from the case. 

A family-owned Mitre 10 franchisee will not be on the hook for costs if its loses a novel suit seeking to block Bunnings from opening a $36 million store next to its Jimboomba store, with a judge saying the suit will provide guidance on the misuse of market power effects test.

A family-owned Mitre 10 franchisee will not be on the hook for costs if its loses a novel suit seeking to block Bunnings from opening a $36 million store next to its Jimboomba store, with a judge saying the case will provide guidance on the misuse of market power effects test.

Australian Radio Network considered offering radio personality Jackie O Henderson a show with Karl Stefanovic after she and long-time co-host Kyle Sandilands had an on-air falling out in February, a court has heard.

A judge has allowed a mid-trial amendment in a shareholder class action over software company Nuix's 2020 public float on the ASX.

Two former executives at Jones Lang LaSalle can bring unfair dismissal claims against the real estate giant, despite a solicitor’s error meaning the cases were technically out of time.