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Medtech start-up Strongroom AI has lost its bid for a court order blessing its proposal to sell the company to SRSPV Pty Ltd prior to a second creditors meeting.
Bedshed cops $40K in penalties for alleged misleading NDIS claims
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Bedding and mattress retailer Bedshed has paid nearly $40,000 in penalties after the Australian Competition and Consumer issued it with two infringement notices over advertising that claimed its products were approved by the National Disability insurance Scheme.
Former JPMorgan trader jailed for 2 1/2 years for fraud
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Former JPMorgan head trader Mark McCabe will spend a minimum two years and six months in prison after pleading guilty to defrauding clients out of almost $1 million.
Allens picks up restructuring partner from Baker McKenzie
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Allens has added a Baker McKenzie partner to its restructuring practice in Sydney.
‘What’s done can’t be undone’: Judge says alleged Dexus breach seems irremediable
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Dexus’ denial of a breach of confidentiality in a battle with co-owners of airport operator APAC is unlikely to hold up, a judge has said, and what appears to have been done can’t be undone. What the high-stakes row will come down to, he says, is materiality.
No fowl: Queensland wind farm not inconsistent with treaties on birds, judge says
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An activist group has lost a challenge to the approval of a 69-turbine wind farm in North Queensland that it says ran afoul of international treaties to protect migratory birds, with a judge finding no grounds to review the decision.
MA Financial to pay $90.4M for real estate investment manager IP Generation
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ASX-listed MA Financial will acquire shopping centre-focused real estate investment manager IP Generation for $90.4 million.
Centuria, BGO invest $201M in Sydney warehouses
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Major industrial landlord Centuria Capital and US-based real estate investment manager BGO have joined forces to break into the tightly held Western Sydney industrial land market, buying out 45,000 square metres of warehouse space in an off-market sale.
Agincourt Hotel the third Sydney watering hole to change hands this month
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Sydney pub the Agincourt Hotel, the home of Club 871 and live entertainment venue The Alley, has been sold to an investor group with plans to refurbish.
Woodside’s North West Shelf extension one step closer to final OK
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The government has rejected Greenpeace’s request to reconsider approval for Woodside’s North West Shelf project extension, paving the way for a final decision that could see the gas field in operation for another 46 years.