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‘We don’t know’ not a reason to block $4.9B Suncorp merger, ANZ says
Financial Services 2023-12-04 11:17 pm By Cindy Cameronne

ANZ has criticised the ACCC’s objection to its planned $4.9 billion merger with Suncorp, arguing before a tribunal that the alleged “uncertain” effects on competition […]

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Noumi in talks with ASIC on penalty for continuous disclosure breaches
Securities 2023-12-01 1:38 pm By Cindy Cameronne

Food manufacturer Noumi is trying to reach agreement with the Australian Securities and Investments Commission on a penalty to propose to the court for violating […]

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Judge stays Billabong founder’s lawsuit against Ernst & Young
Tax 2023-11-20 10:56 pm By Cat Fredenburgh

Ernst & Young has won a temporary stay of a lawsuit by Billabong founder Gordon Merchant alleging the firm gave negligent advice on how to […]

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Viterra’s decade-long fight with Cargill ends at door of High Court
Competition & Consumer Protection 2023-11-09 11:55 pm By Christine Caulfield

Glencore-owned Viterra has failed in its bid for High Court leave to challenge a ruling in a 10-year battle with Cargill over the 2013 sale […]

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Boral fails to limit class action to registered shareholders until judgment
Class Actions 2023-10-31 5:11 pm By Sam Matthews

In a shareholder class action targeting Boral, the construction materials giant has lost a bid to limit the class to registered group members until judgment, […]

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Court tosses lawsuit over $55M sale of Queensland shopping centre
Real Estate 2023-10-31 4:09 pm By Sam Matthews

A judge has thrown out a lawsuit over the $55 million sale of Queensland shopping centre brought by an arm of Elanor Investors Group, clearing […]

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GCOs can’t travel to NSW, appeals court says in Arrium class action
Class Actions 2023-10-26 12:41 pm By Cindy Cameronne

KPMG has lost the latest round in its fight to transfer a class action over the collapse of steel giant Arrium from Victoria to NSW, […]

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Qantas abandons China Eastern pact in another capitulation
Competition & Consumer Protection 2023-10-25 12:56 pm By Christine Caulfield

Qantas has again conceded defeat in the face of opposition by the ACCC, this time bowing out of a joint coordination agreement with China Eastern […]

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ASIC loses case against super trustee Diversa over banned advisor
Financial Services 2023-10-24 10:27 am By Sam Matthews

A judge has dismissed court proceedings brought by the corporate regulator against superannuation trustee Diversa over its alleged failure to oversee a now-banned financial adviser, […]

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White Oak claims insurer owed a novel duty of care in $6B Greensill cases
Insurance 2023-10-24 9:02 pm By Cindy Cameronne

Lender White Oak Commercial Finance will bring a novel claim against insurer Bond & Credit Company alleging it owed a duty of care to disclose […]

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