The Takeovers Panel has agreed to hear Mayne Pharma’s latest dispute with Cosette over the US drug maker’s attempts to walk away from their $672 million merger agreement and extended the timeline for completing the deal.
ASIC has lodged an appeal of a ruling that tossed its conflicted remuneration case against Freedom Insurance’s former boss and another executive over a sales incentive scheme.
Mike Cannon-Brookes’ SunCable has signed a 70-year land use agreement with Traditional Owners to develop the country’s largest solar farm at Powell Creek Station in the Northern Territory.
A court has rejected a bid to expand a lawsuit over a Chinese investor’s $27.5 million contract to purchase a building at 99 Queen Street in Melbourne to join the matriarch of the “very wealthy” family.
Spanish multinational electrical giant Iberdrola has been selected to design and operate the Victoria to New South Wales Interconnector West transmission project, part of the state’s pipeline of new energy infrastructure projects.
A judge has tossed a developer’s challenge to a NSW Heritage Council decision on a new residential development plan for the site of the former Kenmore Hospital in Goulburn, saying there was no decision to appeal.
Mining giant Rio Tinto has put the development of its steel-making decarbonisation technology BioIron on ice, opting instead to invest $35 million into Calix’s zero emissions steel technology demonstration plant.
Lander & Rogers has recruited a competition law expert from Herbert Smith Freehills Kramer for its corporate team ahead of the new merger review regime.
ASIC on Thursday pushed for penalties totalling $85 million against Harvey Norman and Latitude Finance, after an appeals court found the retailer’s ads touting interest-free financing were misleading.
The trustee for super fund Cbus has agreed to pay a $23.5 penalty after admitting liability in the corporate regulator’s case over excessive delays in processing $20 million in death and disability claims.
For information on rights and reprints, contact subscriptions@lawyerly.com.au
