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‘Cavalier’ witness tanks ASIC’s long-running case against Quintis founder
The corporate regulator has lost its civil case against Frank Wilson, the founder of sandalwood oil producer Quintis, after failing to persuade the Federal Court he withheld from the board the termination of major supply contracts with a Nestle unit.
Care A2 can’t block Gensco’s US lawsuit over soured baby formula deal
A judge has refused infant formula company Care A2's bid to block US business partner Gensco from filing a lawsuit in Florida that overlaps with a $200 million suit filed in Australian court over a deal to sell formula in the US amid a supply shortage.
$4.9B ANZ, Suncorp merger heads to Competition Tribunal
ANZ has lodged an application asking the Australian Competition Tribunal to reverse the competition regulator's rejection of its $4.9 billion tie-up with Queensland-based Suncorp.
Man charged with insider trading ahead of $776M Westfarmers deal
A man has been charged with trading in inside information in advance of Westfarmers' $776 million acquisition of lithium company Kidman Resources in 2019.
Virgin class action a lawyers’ feast after judge joins insurers
A class action against Virgin Australia has become a lawyers’ feast, with seven new firms entering the ring after a dozen insurers were joined to the action alleging the airline failed to disclose its true financial position in a $324 million capital raising prospectus.
Ex-G8 Education chair suffers another loss in challenge to ASIC examination
Former G8 Education chair Jennifer Hutson has lost an appeal of a decision that found she was not unlawfully examined by the corporate regulator over the childcare company's $162 million hostile takeover bid for Affinity Education Group.
Jones Day snags M&A lawyer from Latham & Watkins
Jones Day has added a corporate transactions counsel who spent 12 years working in New York, most recently at Latham & Watkins LLP, to join its Sydney team. 
Telstra, TPG give up fight over $1.8B network sharing deal
Telstra and TPG will not challenge a decision by the Australian Competition Tribunal to uphold the ACCC's rejection of their proposed regional network sharing agreement.
Super fund suing Slater & Gordon looks to join Allegro Funds
A self-managed superannuation that has taken Slater & Gordon to court over the acquisition of its shares in the firm by Allegro Funds is seeking to join the private equity firm to the proceeding.
Penalty privilege can’t be used to dodge production of books
A judge has found that penalty privilege cannot be used to avoid the production of books under the Corporation Act.