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PwC Australia picks up Greenwoods & Herbert Smith Freehills
A new taxation super-group is on the horizon, with leading tax advisory firm Greenwoods set to join the ranks of PwC Australia’s financial advisory business in the midyear, amid a “war for talent” in the sector. 
ASIC drops most claims against Rio Tinto over $5.8B acquisition
The Australian Securities and Investments Commission has dropped all but one claim against Rio Tinto in a four-year-long case over disclosures related to its troubled $5.8 billion acquisition of a Mozambique coal mining business and abandoned all claims against the mining giant's former CEO and CFO.
Viterra hit with $124M in interest on top of $168.9M in damages owed to Cargill
Grain producer Viterra has been ordered to pay Cargill Australia $124 million in pre-judgment interest on top of the $168.9 million it was ordered to pay after a judge found it misrepresented the performance capabilities of Joe White during the $420 million sale of the malt producer.
ATO wins urgent orders freezing $220M from State Grid sale of AusNet shares
The ATO has secured freezing orders on $220 million in capital gains tax arising from the $19 billion private equity sale by China's State Grid of its substantial shareholding in energy infrastructure giant AusNet.
ACCC weighs ‘mix and match’ sell-off in Cargotec, Konecranes merger
The Australian Competition and Consumer Commission is weighing court enforceable undertakings proposed by Finnish cargo handling companies Cargotec and Konecranes to alleviate concerns their merger would be anticompetitive.
Leading M&A lawyer elected chair of MinterEllison
Australia’s largest law firm MinterEllison has announced the election of leading mergers and acquisitions and government practice lawyer Andrew Rentoul to the position of chairman.
Wotif founder ordered to pay $15M in aquaculture share dispute
Philanthropist and Wotif founder Graeme Wood will have to pay more than $15 million after the Victoria Supreme Court found one of his companies had breached an agreement to act as guarantor for the $73 million sale of a Queensland aquaculture business.
Hall & Wilcox boosts finance, corporate expertise with hire of Reserve Bank deputy GC
Hall & Wilcox has lured a senior finance, corporate and regulatory lawyer from the Reserve Bank of Australia, in what is being described as a major coup for the practice.
Jones Day recruits leading energy partner from Clayton Utz
US law firm Jones Day has nabbed leading energy and natural resources partner Dan Howard from Clayton Utz after more than 26 years with the firm.
Viterra to pay $168.9M for misleading Cargill during Joe White sale
Grain producer Viterra will be ordered to pay Cargill Australia $168.9 million after a judge found the Glencore-owned company  misrepresented the performance capabilities of malt producer Joe White when it sold the company for $420 million in 2013.