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The ACCC has referred global engineering and construction company Saipem S.p.A.'s proposed merger with rival Subsea7 S.A. to a Phase 2 assessment, raising concerns the deal could substantially lessen competition in the supply of infrastructure for Australia's offshore oil and gas industry.
Construction PRO
The liquidators of the Tahmoor coal mine in NSW, formerly owned by Sanjeev Gupta’s GFG Alliance, have lost their bid to disclaim a royalties deed in favour of former owner Glencore, with a judge finding it was not an “unprofitable contract”.
Victorian aged care provider Arcare has been hit with a class action alleging it charged residents millions of dollars for services they did not use.
Construction PRO
China’s largest state-run conglomerate CITIC has asked the High Court to hear its appeal in mega litigation with Clive Palmer’s Mineralogy over the $12 billion Sino Iron project in Western Australia.
A judge who is overseeing a class action over the government's Work for Dole program has warned against overworking lawyers after the applicant pushed for more efficient discovery.
Tax advisors will face tougher penalties for misconduct under new federal legislation introduced in response to the PwC tax leaks scandal and recommendations from a Tax Practitioners Board review.
A former producer of Seven's Spotlight, who gave evidence in Bruce Lehrmann's defamation case, is seeking to remove Thomsons as the solicitor for News Corp in his defamation and racial discrimination suit against the publisher.
A class action against Insurance Australia wants to add car insurance customers to the case, and says extra defence costs by IAL -- which has already spent a "disproportionate" $3 million -- shouldn't bar the new claims.
Hall & Wilcox has welcomed three partners from Piper Alderman to grow its corporate practice.
A judge has hit ASX Limited with a $20.5 million penalty after it admitted that a February 2022 statement to the market that its CHESS replacement project was “progressing well” was misleading.