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Former chair of fintech Humm Group, Andrew Abercrombie, is seeking review of a Takeovers Panel ruling that found he misled investors about a takeover bid by Credit Corp.
Class action to fight Optus bid to suppress pleadings ahead of trial
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The applicant in a class action against Optus over a 2022 data breach has flagged a fight over the telco giant’s bid to suppress the pleadings in the case, saying group members are entitled to know the case brought on their behalf.
Medibank slams ‘illogical’ ruling on Deloitte report in data breach class action
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Medibank has criticised a judge’s finding that legal professional privilege did not attach to a Deloitte report commissioned in the wake of a massive data breach, arguing she came to an “illogical” conclusion.
GrainCorp class action defeats security for costs application
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A class action by property owners near a GrainCorp factory in rural Victoria has defeated the company’s bid for security for costs, with a judge finding the orders would “stultify” the proceedings.
ACCC probes Ampol, BP, others over alleged anti-competitive conduct
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The competition regulator has launched an investigation into allegations of possible anti-competitive conduct by four major fuel suppliers amid upheaval in global oil markets arising from the war in Iran.
Albanese sets out guidelines for AI data centre approvals
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The Albanese government has laid out five principles that will guide the administration’s approval of AI data centres, amid an expected boom in the infrastructure projects.
Qube, Martinus Rail in privilege spat over talks with KWM and Pinsent Masons
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Logistics company Qube has claimed privilege over documents that allegedly record a meeting between its consultant and its solicitors at King & Wood Mallesons and Pinsent Masons in a dispute with Martinus Rail.
Council wins case over minister’s sale of Crown land for subdivision
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A court has found that a minister’s decision to sell a section of Crown land to a buyer intending to carve it into 15 lots was made in breach of planning laws.
Keystone’s Chiodo wants $9M case heard with suit against City Built boss
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Property developer and former director of collapsed Keystone Asset Management Paul Chiodo wants his suit against Keystone’s liquidators managed alongside their case against the owner of City Built.
Corrs, Hamilton Locke advise on Whiteoak’s acquisition of Arcadia
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Private equity firm Whiteoak has acquired architectural facade supplier Arcadia Consolidated, supporting the company as it implements an accelerated growth plan.