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Ashurst recruits two partners from Gilbert + Tobin for M&A practice
Business of Law 2023-06-21 2:47 pm By Gareth Baker

Ashurst has poached two Gilbert + Tobin partners for its corporate team, as the firm expands its offering in the public and private M&A markets in Australia and abroad.

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Associate Justice, silk appointed to Victorian Supreme Court
Courts 2023-06-19 5:08 pm By Cindy Cameronne

The Victorian government has elevated an Associate Justice who has overseen class actions and a senior counsel who assisted the Victorian royal commission into Crown Resorts to serve as judges on the Supreme Court of Victoria. 

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$4.9B ANZ, Suncorp tie-up clears a hurdle with $25M commitment to Queensland
Financial Services 2023-06-16 11:33 pm By Cat Fredenburgh

The Queensland government has signed off on ANZ’s proposed $4.9 billion merger with Suncorp’s banking arm, after the company agreed to remain headquartered in Brisbane as a dedicated insurance company.

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Armaguard, Prosegur merger wins clearance from ACCC with conditions
Competition & Consumer Protection 2023-06-13 4:22 pm By Christine Caulfield

Armaguard and rival Prosegur have secured authorisation for their proposed merger from the ACCC, which has found the likely reduction in competition in the cash transport industry was outweighed by the public benefits of the transaction.

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PwC client suing for negligence agrees to keep Hawthorn property off market
Professional Negligence 2023-06-09 11:56 pm By Sam Matthews

A former PricewaterhouseCoopers client who is suing the accounting firm over the $88 million sale of wholesale food company Hudson Pacific to Retail Food Group in 2016 has agreed to keep a Melbourne property off the market, but the company has not ruled out a bid for security for costs.

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Clive Palmer can’t quash CITIC subpoenas over sale of nickel refinery in $1.8B case
Energy & Natural Resources 2023-06-07 11:56 pm By Gareth Baker

Mining magnate Clive Palmer and his company Mineralogy have lost a bid to block subpoenas asking their advisors to hand over information regarding the sale of Townville’s Yabulu nickel and cobalt refinery, as part of a $1.8 billion fight over the value of the site.   

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Bubs Australia sued by founder, ex-chairman after board spill
Employment 2023-06-06 1:43 pm By Cindy Cameronne

Two directors who were ousted from Bubs Australia and have mounted a challenge to its new leadership have filed proceedings against the infant formula company for breach of workplace rights.

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SMBC can add new claims in $34M case over Forum Finance receivables
Westpac 2023-06-02 4:00 pm By Gareth Baker

SMBC has been cleared to add more claims to its $34 million suit against Humm Group after the fintech’s subsidiary allegedly misled the Japanese bank about worthless receivables under contracts said to be forged by a Forum Group entity.

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HWL Ebsworth partner excluded from IPO wants firm head’s emails in $4.4M suit
Business of Law 2023-05-25 11:10 pm By Cindy Cameronne

A former capital partner has called on HWL Ebsworth to produce communications between managing partner Juan Martinez and other members of the management team that allegedly preceded a decision to shut him out of the law firm’s plans to float on the ASX. 

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Destec can use evidence from MinRes feud for possible case against ex-director
Energy & Natural Resources 2023-05-24 2:34 pm By Cindy Cameronne

Mining engineering company Destec has won its bid to use evidence produced in a dispute with Mineral Resources in considering whether to bring a new case against its former director over a lucrative transportation system.

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