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Deutsche Bank has appointed receivers to five pubs owned by Public Hospitality Group ahead of a bankruptcy hearing against the group’s owner and former KPMG partner, Jon Adgemis.
Aware Super, Goodman team up on $2B logistics project
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Superannuation fund Aware Super is teaming up with Goodman Group on a $2 billion platform that owns three logistics properties in Los Angeles.
ACEN wins government approval for NSW wind farm
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Renewables company ACEN has won the Albanese government’s approval to build its 900 megawatt Valley of the Winds project in Coolah, NSW.
ACCC, NSW join forces to clamp down on supplier bid-rigging
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The competition regulator has reached a data-sharing agreement with NSW to combat bid rigging on state contracts worth a total of $42 billion annually, in a partnership that will deploy AI to find potential cartel culprits.
In Google carriage fight appeal, Piper Alderman claims law firms’ cooperation anti-competitive
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Piper Alderman claims a judge erred in finding there was no evidence that an agreement between Maurice Blackburn and Phi Finney McDonald to cooperate in running an ad tech class action against Google was struck for an anti-competitive purpose.
ASX tried to silence whistleblower, hide failures from RBA, lawsuit says
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A former contractor at the ASX has alleged the securities exchange was “embarrassed” by governance failures relating to a $200 million technology modernisation program and sought to hide the issues from the Reserve Bank of Australia.
Telstra reaches settlement with ACCC in case over Belong speeds
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Telstra has reached an agreement with the consumer regulator after a court found the telco misled thousands of broadband customers about the speed of its budget internet provider, Belong.
Clive Palmer’s $300B claim over WA law shot down by international tribunal
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Clive Palmer has lost a battle over Western Australian legislation shielding the state from the fallout of a decision barring a proposed Pilbara iron ore project, with a tribunal finding it had no jurisdiction to hear the $300 billion case.
Hall & Wilcox hits back at Hastie liquidator’s claim over $18M bill
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Hall & Wilcox has struck back at proceedings by the liquidators for collapsed construction group Hastie, saying they have failed to specify why its $18.6 million legal bill incurred in suing two dozen builders is unreasonable.
Hostplus takes swipe at Lendlease amid battle for control of property fund
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Hostplus has called out Lendlease for encouraging investors to skip a meeting convened by the super fund heavyweight in its bid to boot the real estate manager from the $2 billion APPF Industrial fund.