Please login to bookmark Close
Private equity firm Goldstone has cited an “irretrievable breakdown” in the relationship between shareholders in seeking to appeal a ruling that found it liable for oppression.
ACCC won’t oppose Omnicom’s $21B acquisition of Interpublic
Please login to bookmark Close
The ACCC will not oppose the Omnicom Group’s planned $21 billion acquisition of The Interpublic Group of Companies, with the regulator finding the transaction was not likely to substantially lessen competition.
Class action failure won’t stem tide of climate litigation, experts say
Please login to bookmark Close
Legal experts say climate-related litigation will continue — and even increase — despite a judge’s dismissal this week of a class action by Torres Strait Islanders alleging the government was negligent in failing to protect them from the harmful effects of climate change.
No need for new GCO in consolidated Insurance Australia class action: court
Please login to bookmark Close
A judge has found that there is no need to revise the 27.5 per cent group costs order secured by Slater and Gordon following the consolidation of two class actions against Insurance Australia, despite the likelihood of a larger payout to the firm.
You can’t have someone else’s day in court: Judge proposes solution to ‘litigious morass’
Please login to bookmark Close
The legal watchdog’s latest case against the owners of a Melbourne law firm — part of countless “collateral” proceedings between the parties — should be fixed for a final hearing ASAP, a judge has said.
Uncertainty for $500M waste-to-energy plant as ACCC frowns on Acciona bid
Please login to bookmark Close
Receivers for the troubled $500 million East Rockingham waste-to-energy project may have to explore other options after the ACCC expressed competition concerns about Acciona’s bid to acquire the project in Western Australia.
Glencore loses case against Port of Newcastle over shipping fees
Please login to bookmark Close
Glencore Coal has lost its case against the Port of Newcastle alleging it has been overcharged shipping fees based on a determination by the competition watchdog.
Firm points finger at Multiplex, others over Monash city campus development
Please login to bookmark Close
Project management firm Donald Cant Watts Corke says Multiplex should go down with it if Monash University wins its case over the presence of alleged hazardous insulation at the college campus in Melbourne’s CBD.
Dennis unit faces class action by buyers of Brisbane’s Summerlin Parklands apartments
Please login to bookmark Close
A unit of developer Dennis Family Corporation has been hit with a class action by buyers of apartments in a Brisbane estate who claim their contracts were wrongly terminated when neighbouring property values soared.
CIP Group seeks to amend case over $30M Brisbane development
Please login to bookmark Close
Developer CIP Group is fighting opposition to its bid to amend its claims in oppression proceedings brought against entities associated with a 600-lot environmentally friendly residential development in a Brisbane suburb.