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ANZ has lost its appeal of a landmark decision finding it breached continuous disclosure rules by failing to disclose a $750 million bailout by underwriters during a $2.5 billion capital raising.
Investment firm Keybridge must contribute to a director's "substantial" legal bill from a dispute with another director, with a judge finding there was no “lack of clean hands” that would prevent him from being indemnified.
Drug supplier Sigma Healthcare has offered an undertaking in a bid to allay the competition regulator's concerns about its proposed merger with Chemist Warehouse.
Olam Agri Holdings has offered to divest its Queensland cotton gin and a 20 per cent holding in a leading Australian cotton classing company to win approval for its takeover of Namoi Cotton.
The ACCC will not oppose Lendlease’s plan to sell a portfolio of residential projects to Stockland for $1.3 billion after accepting Stockland’s plan to divest a project in Illawarra.
The director of collapsed investment firm Linchpin Capital has lost his challenge to a $150,000 penalty, with an appeals court dismissing his arguments as “carping criticism”.
Shareholders in lending platform Marketlend can bring a derivative suit against its directors for allegedly misusing company funds, including spending $1.3 million on barrister chambers fees.
Private equity firm Alceon and a vendor have been hit with $3 million damages over the misleading sale of a Queensland shopping centre for $55 million.
Self-described property 'mogul' Sasha Hopkins has agreed to pay a $1.25 million fine and face a four-year disqualification in proceedings by the corporate regulator.
Corporate Australia is increasingly concerned about class actions, with privacy and data breach claims topping their worry list, according to a new report.