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ACCC kicks off Phase 2 review of Saipem, Subsea7 merger
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
Tahmoor liquidators lose bid to disclaim Glencore royalties deed
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”.
Arcare hit with class action over excess charges
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
CITIC asks High Court to hear fight over $12B Sino Iron project
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. 
Judge worries about overworked lawyers in Work for Dole class action
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 to face tougher penalties in wake of PwC tax leaks scandal
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. 
Ex-Spotlight producer files bid to remove Thomsons from News Corp suit
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. 
Class action says IAL’s ‘disproportionate’ costs no bar to amendments
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 snags corporate trio from Piper Alderman
Hall & Wilcox has welcomed three partners from Piper Alderman to grow its corporate practice.
ASX hit with $20.5M penalty for misleading CHESS replacement statement
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.