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The minority shareholder in Sydney restaurant Machiavelli Ristorante Italiano has lost his bid to review the company books in anticipation of bringing a second winding up application, after the relationship between the restaurant's co-owners broke down.
ASIC has banned mining magnate Joseph ‘Diamond Joe’ Gutnick from managing corporations for four years because of his involvement in three companies that went under owing at least $43 million to creditors.
A judge has ordered a litigation funder bankrolling an investor class action against Virgin Australia to show evidence it can meet a $10 million agreed indemnity with the airline, saying it was not being transparent about its financial position.
The Australian Securities and Investments Commission has won a travel ban against a former director of collapsed cryptocurrency platform Blockchain Global while the regulator investigates suspected criminal offences.
Slater & Gordon is seeking summary dismissal of a case brought by a shareholder over the plaintiff firm's takeover by private equity firm Allegro, saying it is not the right target for the claims.
Mining giant Clive Palmer has asked the High Court to hear his challenge to a court's finding that lawsuits he brought challenging two criminal cases against him over a takeover bid and payments to his political party were themselves an abuse of process and should be stayed.
The ACCC’s decision to block a $4.9 billion merger between ANZ and Suncorp has been set aside, with a tribunal finding the transaction will not substantially lessen competition in the home loans market or for agribusiness and SME clients in Queensland.
The current owners of vitamin giant Nature’s Care have lost a bid to extend an urgent injunction against the company’s founding family amid fears they were trying to regain control of the corporate group, with a judge finding the family may faced oppressive conduct themselves.
Noumi has argued a PricewaterhouseCoopers report commissioned by its lawyers at Ashurst is protected by legal professional privilege, after the food manufacturer admitted to overstating the value of its inventory and failing to properly disclose its financial position.
The Law Council of Australia has come out in opposition to calls by the competition regulator for major reform to the country's merger regime, saying the evidence did not support "wholesale" changes.