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Paltar Petroleum to be wound up after judge finds ‘too much uncertainty’ in DOCA
Oil exploration company Paltar Petroleum will be wound up after a judge rejected a proposed deed of company arrangement as containing "too much uncertainty".
Ex-Radio Rentals CEO dragged into class action, says he ‘can’t afford lawyers’
A judge has granted a bid to add former Radio Rentals CEO James Marshall and the beleaguered company's insurer, AIG Australia, as respondents in a class action, over the protests of Marshall's lawyer, who said his client couldn't afford to pay for his defence.
Vodafone, TPG to take ACCC to court over opposition to $15B merger
Vodafone and TPG will file a Federal Court challenge to the Australian Competition and Consumer Commission's opposition to their proposed $15 billion merger, teeing up the biggest merger challenge ever heard by the court.
Forex trader Berndale Capital placed into receivership
The Australian Securities and Investments Commission has won its bid for a court order placing Melbourne-based forex trader Berndale Capital into receivership for allegedly failing to safeguard client money.
PE company sues to enforce $161M arbitration award against Spain
Two units of private equity company Antin Infrastructure Partners have taken their legal battle with Spain to Australian court, filing a lawsuit to enforce a $161 million arbitration award related to investments the companies made in two solar plants in southern Spain.
Mattel settles patent infringement case over Mecard transformable toys
US-toy giant Mattel has reached a settlement in a Federal Court case alleging its Mecard toys infringed on a patent for a toy transformation mechanism owned by Canadian toy company Spin Master.
ANZ settles class actions by 7-Eleven franchisees
ANZ has reached an in-principle settlement in two class actions alleging it breached its responsible lending obligations by providing loans to purchasers of 7-Eleven franchises that were not financially viable.
Liquidators settle case over collapse of funder Centaur Litigation
Liquidators of failed Centaur Litigation have reached a settlement in their lawsuit against the accountant of fraudster Scott Williams, who was accused of lying to hide his knowledge of a Ponzi scheme that misappropriated $32 million and led to the collapse of the funder.
ACCC decision on $15B TPG, Vodafone tie-up expected in May
The ACCC will announce in May whether it will approve the proposed $15 billion merger of telco giants TPG and Vodafone Hutchison Australia, after the parties' failure to comply with requests for information caused the regulator to suspend its timeline last month.
Appeals court tosses challenge to Allianz Stadium demolition
A Sydney community group has lost a last-minute challenge to the demolition of Allianz Stadium, with the Court of Appeal throwing the case out in a unanimous decision.