A class action against Virgin Australia wants to drag Velocity Rewards into the case, claiming the frequent flyer program was involved in misleading investors about $460 million in funds on Virgin’s balance sheet.
The ACCC will clear asset manager Brookfield’s $10 billion acquisition of French renewables giant Neoen on the condition that it shed Neoen’s Victorian assets and projects.
Two mergers and acquisitions partners from A&O Shearman have made the jump to White & Case, joining the international firm’s corporate team in Sydney.
Santos’ plan to reach net zero greenhouse gas emissions by 2040 was “little more than a series of speculations”, a shareholder group has said on the first day of trial in a landmark greenwashing case.
The ACCC has cleared Accolade’s proposed acquisition of Jacob’s Creek owner Pernod Ricard, finding it is not likely to substantially lessen competition in the supply of wine.
Qube’s proposed acquisition of the Melbourne International Roro & Auto Terminal could prevent rivals from competing effectively, the ACCC has said.
The former CFO of Noumi has been hit with a $100,000 penalty and four-year ban for his involvement in the company’s continuous disclosure breaches, which a judge heard caused him to drink a bottle of wine every night.
The federal government’s bill to overhaul the merger review regime has been welcomed by the regulator, but competition lawyers have warned the clearance process under the reforms will prove more challenging.
Super Retail has lost its bid to restrain Harmers Workplace Lawyers from acting for two former executives, despite a judge finding the firm had a conflict of interest.
The CDPP and ASIC have succeeded in staying Clive Palmer’s case challenging the lawfulness of a seven-year-old examination, with a judge finding it would fragment criminal cases against the mining magnate.