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The Australian Competition and Consumer Commission will not oppose IAG’s acquisition of RACQI, saying more established insurers will still be able to compete in Queensland.
Austin Engineering needs more evidence for freezing order against ex-sales rep: court
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A judge has denied Austin Engineering’s bid for a $210,000 freezing order against a former sales representative, with a judge finding there was an arguable claim for breach of confidence but no evidence of a claim to more than nominal damages.
Squire Patton Boggs scoops up Allens lawyer for corporate practice
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Squire Patton Boggs has recruited a private equity specialist from Allens for its Sydney corporate practice.
Tesa wants Full Court to resolve judicial conflict on apprehension of bias
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Mining company Tesa Group wants the Full Federal Court to settle a conflict in judicial opinions on whether remarks made in parliament can factor into recusal applications.
Court won’t bless Strongroom AI’s sale ahead of creditors meeting
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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.