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Pitcher Partners has failed to stay a Federal Court suit alleging the accounting firm failed to properly advise former Zap Fitness owner Bective Enterprises on a troubled share buy-back scheme, in light of a Supreme Court bid by another key player to shut the case down.
Clive Palmer's Queensland Nickel and three other Palmer-related entities have been ordered to pay $44.5 million (US$30.8 million) to litigation funder Vannin Capital for defaulting on a loan for a private jet.
Nuix has defeated a lawsuit by ex-CEO Edward Sheehy alleging he was owed $183 million in options under a 2008 agreement, with a judge finding the options could only be exercised if the company was sold.
Bolstering its corporate team in Australia, multinational law firm Pinsent Masons has nabbed a cross-border M&A specialist from DLA Piper.
The ACCC's rejection of a regional network arrangement between Telstra and TPG was "confusing" and the telecos might be free to vary the transaction, says a judge who is overseeing a challenge to the competition regulator's decision.
US multinational firm K&L Gates has lured a partner and four solicitors from HWL Ebsworth for its growing corporate practice, just a month after poaching three other partners from the firm.
The Australian Competition and Consumer Commission is weighing up undertakings proposed by Swiss construction chemical company Sika AG to alleviate concerns that its planned acquisition of Germany-based MBCC Group would be anticompetitive.
Clayton Utz has snagged an energy regulatory expert who has worked as general counsel at AusNet and was formerly a partner at Herbert Smith Freehills to join its Melbourne corporate practice.
The ACCC has refused to authorise a regional network arrangement between Telstra and TPG, saying the deal would entrench Telstra's dominant position in the mobile market.
The proposed Armaguard merger with rival Prosegur will clearly reduce competition in the cash transport industry but the world without the tie-up might be just as bleak, the ACCC has said.