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Herbert Smith Freehills issues apology over partner’s ‘deeply offensive’ tweet
A Herbert Smith Freehills mergers and acquisitions partner faces an internal investigation over a tweet aimed at Arnold Bloch Leibler partner Jeremy Leibler.
NAB super trustee free to use $165M fees ‘as it saw fit’, class action judge says
In the latest class action loss, a judge has said that $165 million in fees charged to members by NAB super fund trustee NULIS Nominees was corporate revenue “with which it was free to deal as it saw fit".
Aurizon’s Flinders Logistics buy wins ACCC nod after deal restructure
Rail freight operator Aurizon has secured ACCC clearance for its proposed acquisition of stevedoring business Flinders Logistics after restructuring the deal.
Keybridge shareholder can sue over $4.75M advance for Lake Como property
A judge has rejected a shareholder's bid to wind up investment firm Keybridge Capital, but allowed it to bring a derivative suit  over a $4.75 million advance used for a director to purchase a Lake Como property.
Real estate ‘mogul’ Sasha Hopkins slapped with $1.25M fine
A judge has ordered self-styled real estate mogul Sasha Hopkins to pay a $1.25 million penalty for luring investors to put their life savings into risky property developments. 
Ex-Keystone director may claim penalty privilege in receivers’ lawsuit
A former director of investment firm Keystone, who is suspected by the corporate regulator of misusing millions in investor funds, has flagged a potential bid to keep his silence in a case by court-appointed receivers. 
ACCC worried Cleanaway’s $110M Citywide tie-up may trash competition
Australia's competition watchdog is concerned Cleanaway's proposed acquisition of Citywide could reduce competition in the waste management sector.
ASIC slams ‘false’ premise of payday lender BSF’s appeal
ASIC has attacked an appeal argument by payday lenders BSF Solutions and Cigno that athough they offered short-term loans, the fees they charged had no link to the credit services.
Companies need to report basis for climate change statements, says ASIC
ASIC has proposed that companies be required to disclose the basis for any forward-looking statements concerning climate, as part of new reporting obligations set to take effect next year.
Chemist Warehouse, Sigma win ACCC approval for $8.8B merger
The competition regulator has given its blessing to the $8.8 billion merger of Chemist Warehouse and Sigma Healthcare, subject to a promise that franchisees will be free to terminate their contracts.