Olam Agri offers to divest Queensland Cotton gin to acquire Namoi Cotton

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Olam Agri Holdings has offered to divest its Queensland cotton gin and a 20 per cent holding in a leading Australian cotton classing company to win approval for its takeover of Namoi Cotton.

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Merivale reaches new class action settlement after first deal scrapped

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Hospitality giant Merivale has reached a revised settlement in an employment class action, five months after the lead applicant’s unusual move to renege on an earlier deal.

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Judge questions Dentons’ claim of ignorance of alleged search for dirt

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A judge on Thursday queried counsel for Dentons on the law firm’s defence to claims by an ex-partner that Australian chair and CEO Doug Stipanicev initiated a search for evidence of misconduct.

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AI next big issue in construction, says new Colin Biggers & Paisley partner

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The construction industry is bracing for new risks brought about by the use of artificial intelligence in design and planning of large projects, says a new partner at Colin Biggers & Paisley. 

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Class action over $85M Clydesdale development loses injunction bid

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A class action by frustrated buyers over the $85 million sale of a Sydney development has failed to prevent the sale of lots, with a judge finding the class action’s claims lack evidence.

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Biotech files new patent suit against Samsung Bioepis over Crohn’s drug

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Samsung Bioepis can’t get indemnity costs from Janssen Biotech after it surrendered patents for Crohn’s disease drug Stelara and filed a fresh case based on new patents for the drug. 

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ACCC clears Lendlease’s $1.3B property deal with Stockland

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The ACCC will not oppose Lendlease’s plan to sell a portfolio of residential projects to Stockland for $1.3 billion after accepting Stockland’s plan to divest a project in Illawarra. 

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Full Court confirms FOI requests survive ministry reshuffles

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Former senator Rex Patrick has defeated the Attorney General’s appeal of a ruling which clarified that a loophole cannot be used to avoid Freedom of Information requests when a minister leaves office. 

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