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ACCC launches probe into IAG’s $855M bid for RACQ’s insurance biz
The competition regulator is seeking views on whether IAG's bid to acquire a 90 per cent stake in RACQ's insurance underwriting business for $855 million could saddle consumers with higher prices.
Armour takeover case against Baker McKenzie can’t boost damages to $135M
A judge has rejected a new pleading that would have upped the damages to $135 million in a case by a shareholder of failed energy company Armour Group alleging law firm Baker McKenzie was knowingly involved in a plan to take control of the company for cheap.
Indigenous child removal class actions slam ‘masked’ government files
Lawyers representing two class actions against the state of Queensland over alleged unlawful removals of Indigenous children have called on the state to produce unredacted files about the lead applicants.
Energy Queensland unit fights probe into Centrepay charges
Ergon Energy is challenging a notice from the energy regulator in its probe of payments received via a Centrelink direct debit scheme, after AGL was fined $25 million for overcharging welfare recipients.
Baker McKenzie, others win $3.5M security in Armour takeover case
A shareholder and creditor of failed energy company Armour Group will have to front $3.5 million in security in its case against law firm Baker McKenzie and others ahead of an upcoming trial.
Construction PRO
Star negotiating with investors to save Queen’s Wharf development
Embattled casino giant Star Entertainment is reportedly negotiating with key Hong Kong based investors to save the Queen's Wharf entertainment district project in Brisbane.
Construction PRO
Sister of concrete king can access company’s books, court rules
The heir to a Queensland concrete empire has been granted access to Neilsen Group's books following a dispute with her brother over the company's operations that resulted in her appointment as a director.
Activists drop legal challenge to New Acland coal mine
An environmental group has dropped its court fight over the expansion of the New Acland coal mine in Queensland, saying the case -- which went to the High Court -- had taken a heavy financial toll.
G8 Education on hook for ex-chair’s criminal defence costs
A court has ordered ASX-listed childcare company G8 Education to advance the legal costs of its embattled former chair, Jennifer Hutson, who faces a criminal trial next month.
‘Not a teenager’: Barrister knew better than to ignore court summons, judge says
A barrister who failed to disclose his contempt conviction and flew to China when required to attend court has been denied a practising certificate, with a judge unimpressed at attempts to justify his conduct.