Corporate

Goodman Group and Digital Realty have told the market they have no present intention to make a takeover bid for NextDC, after forming a joint venture to secure a 9.9 per cent shareholding in the AI data centre player.

A former US Congressman and indirect beneficiary of Queensland gold mining company Citigold has lost a bid to launch derivative action accusing the company's chairman of sharing insider information with his brother.

The former directors of Canberra firm Aulich Civil Law have lost their challenge to orders that they compensate a former shareholder in the legal practice, after it was found they issued shares to dilute her holding. 

Rising costs and evolving shopping trends have forced 188-year-old department store David Jones into voluntary administration, a day after its landlord revealed the retailer had not paid rent since September.

Pointing to the "litigious history" of the case, the High Court has refused leave to former Keybridge Capital director Nick Bolton to appeal a decision that found the company wasn't on the hook for covering his legal bill in a case over alleged duty breaches.

Thomsons has strengthened its banking and finance team with the appointment of a lawyer from Norton Rose Fulbright.

The operator of pharmacy chain Chemist Warehouse and hospitality giant Hemmes Group are among companies that copped a total of $4.4 million in fines for missing the FY25 financial reporting deadline, ASIC said Wednesday.

A shareholder class action against water treatment firm Phoslock will bring new claims that the former managing director and ex-chairman are liable as accessories, a court heard Tuesday.

HWL Ebsworth has hired a corporate partner from Squire Patton Boggs and two members of his team, as the firm continues to grow its Perth office.

A chemical engineer who helped develop patented technology to prevent pollution from fracking operations has failed in his bid to be bought out by the company for $1.43 million, with a judge rejecting his claims of shareholder oppression.