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IPH throws down the gauntlet with revised Xenith takeover bid
Corporate 2019-04-09 9:33 pm By Cat Fredenburgh

The takeover battle for Xenith IP has entered round two, with IPH submitting a revised proposal to acquire the IP services firm in full, leaving fellow suitor QANTM with three days to lodge a competing offer.

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Lawsuit claims HWL partner helped divert insurance proceeds to settle legal tab
Legal Ethics 2019-04-03 11:29 pm By Cat Fredenburgh

An insolvent mobile ticketing company wants a slew of documents from HWL Ebsworth related to its allegations that an HWL partner aided its former directors in diverting the proceeds of a life insurance policy to pay money owed to the firm.

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Apache loses bid for separate trial in $83M tax credit spat with Santos
Energy & Natural Resources 2019-04-02 5:11 pm By Christine Caulfield

A judge has rejected a bid by a group of Apache Corporation companies to break up a looming trial in a long-running dispute with WA-based oil and gas company Santos, saying holding a hearing on separate issues would not be the time saver Apache claims.

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MWL files derivative suit against Focus Financial
Financial Services 2019-03-28 10:04 pm By Cat Fredenburgh

Majority shareholders in MWL Financial have filed a derivative suit against US-based Focus Financial Partners over a soured acquisition.

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Xenith takeover battle to heat up after regulator signs off on IPH bid
Intellectual Property 2019-03-28 1:26 pm By Cat Fredenburgh

The battle to acquire IP services company Xenith IP Group is set to intensify after the Australian Competition and Consumer Commission blessed a hostile offer by IPH Limited.

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Viterra can’t shield identity of maltsters that engaged in dodgy business practices
Trials 2019-03-27 2:01 pm By Cat Fredenburgh

The judge overseeing the lengthy trial between agricultural giants Cargill and Viterra over the $420 million sale of malt producer Joe White has shot down Viterra’s request to shield the identity of malting companies that allegedly engaged in shady business practices, including using a banned substance to produce malt.

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Judge won’t toss $17.5M Equititrust lawsuit against Tucker & Cowen
Restructuring & Insolvency 2019-03-19 11:34 pm By Cat Fredenburgh

A name partner at law firm Tucker & Cowen and the firm itself have lost their bid for summary dismissal of a lawsuit brought by the receiver of failed fund manager Equititrust seeking to recover $17.5 million allegedly acquired through deceptive means.

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ACCC probes $231M sale of Origin Energy’s Ironbark project to APLNG
Competition & Consumer Protection 2019-03-04 2:03 pm By Christine Caulfield

The Australian Competititon and Consumer Commission is investigating the proposed $231 million acquisition of Origin Energy’s Ironbark gas project in Queensland to Australia Pacific LNG.

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ACCC cuts collusion claims as trial against Pacific National, Aurizon comes to an end
Competition & Consumer Protection 2019-02-15 11:45 pm By Christine Caulfield

The Australian Competition and Consumer Commission has dropped its claims of collusion against rail freight companies Pacific National and Aurizon, as the trial in its competition case wraps up this week.

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Judge allows expert reports in Cargill, Viterra case over $420M Joe White sale
Corporate 2019-02-14 2:19 pm By Cat Fredenburgh

The judge overseeing the marathon trial between agricultural giants Cargill and Viterra over the $420 million sale of malt producer Joe White has shot down objections to both parties’ expert reports related to whether it was common industry practice to cheat customers by failing to comply with contract details and providing misleading malt test results.

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