AUSTRAC has taken The Star to task for making statements that are inconsistent with admissions the casino has made in the regulator’s case over its alleged failure to comply with its money laundering obligations.
The competition watchdog has approved a blockbuster regional network sharing deal expected to boost TPG’s regional coverage as well as Optus’ 5G rollout, after rejecting a similar deal between TPG and Telstra.
Shareholders in Whitehaven Coal who helped inject $150 million of capital during a 2012 merger are “trapped” after the ASX-listed coal producer failed to abide by its side of the deal, a class action funded by mining investor Nathan Tinkler has alleged on the first day of trial.
White & Case has snagged a partner from Maddocks with more than 25 years of experience in corporate real estate to assist the firm on global transactions and restructurings.
A managing associate at Allens who specialises in regulatory investigations and financial crime is joining the Corrs Chambers Westgarth partnership as a member of its investigations and inquiries practice group.
The government has revealed the thresholds for mergers that will need to be reviewed by the Australian Competition and Consumer Commission under reforms that will take effect in 2026, promising to spare small acquisitions.
ASIC has won its bid to appoint receivers to a managed investment scheme run by Keystone Asset Management after expressing “grave concerns” that investor funds were used to pay sports stars and buy a $4.3 million home for its former director.
The corporate regulator has taken market operator ASX to court for allegedly making misleading statements about the replacement project for its CHESS share register, including that the project was on track to go live in April 2023.
Relative newcomer Hamilton Locke has lured two lawyers from Corrs Chambers Westgarth and one from Gilbert + Tobin to grow its corporate team.
The Australian Competition and Consumer Commission has approved France-based Louis Dreyfus’ proposed acquisition of ASX-traded cotton gin operator Namoi Cotton, after accepting an undertaking that allayed its competition concerns.