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LiveTiles to pay $8.4M to settle lawsuit by CEO’s brother
Securities 2020-10-22 7:01 am By Cat Fredenburgh

Software company LiveTiles will pay $8.445 million to settle litigation brought by Microsoft solutions provider nSynergy’s founder Keith Redenbach against his brother, LiveTiles CEO Karl […]

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Property group Cromwell loses discovery bid for case against hostile suitor ARA
Corporate 2020-10-21 11:44 am By Christine Caulfield

Real estate investment giant Cromwell Property Group will not get the court’s help in pursuing a case of “unlawful association” against its largest shareholder, Singapore-based […]

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AIG settles case against ex-Kaboko Mining directors after D&O policy exclusion spat
Insurance 2020-10-20 1:06 pm By Cat Fredenburgh

AIG has settled a lawsuit brought by Kaboko Mining against several former directors alleging they failed to exploit commercial opportunities, after the insurer failed to […]

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Arnold Bloch Leibler can’t use Slater & Gordon client files in class action defence
Class Actions 2020-10-19 8:54 pm By Christine Caulfield

A judge has dismissed a lawsuit brought by Arnold Bloch Leibler seeking to use information from its legal work on Slater & Gordon’s $1.2 billion […]

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Hiding name of buyer in Antares oil deal a breach of disclosure obligations, court says
Energy & Natural Resources 2020-10-12 8:59 pm By Cat Fredenburgh

In a win for ASIC, a judge has found that former oil and gas company Antares Energy violated its continuous disclosure obligations by failing to […]

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GetSwift faces scrutiny over shareholder disclosures ahead of planned Canada move
Corporate 2020-10-08 7:06 pm By Christine Caulfield

ASIC and the applicant in a class action against GetSwift have intervened in an application by the logistics provider to relocate its headquarters to Canada, […]

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Alsco proposal for Spotless may not wash with ACCC
Competition & Consumer Protection 2020-10-08 4:17 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has raised concerns about Alsco’s proposed acquisition of commercial laundry business Spotless Garments, saying the combined entity would have […]

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Commonwealth Bank settles with ex-GM who blew whistle on bonuses
Employment 2020-09-17 2:12 pm By Cat Fredenburgh

Commonwealth Bank of Australia has resolved a lawsuit brought by a former general manager alleging he lost his job for blowing the whistle on a […]

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Mylan NV’s planned merger with Pfizer’s Upjohn gets greenlight after drug sell-off
Corporate 2020-09-10 3:50 pm By Alison Eveleigh

The competition watchdog will not oppose Mylan NV’s proposed merger with Pfizer’s Upjohn Inc after the global pharmaceutical giants agreed to sell several off-patent brands […]

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Virgin ordered to fly engines to US, as creditors sign off on $3.5B sale to Bain
Restructuring & Insolvency 2020-09-04 7:44 pm By Alison Eveleigh

Virgin Australia has been ordered to return four jet engines to the United States, after a court found the embattled airline and its administrators failed […]

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