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ACCC extends review of $350M ANZ, GrainCorp deal
The Australian Competition and Consumer Commission has extended its review of ANZ Terminals' proposed acquisition of a unit of global agribusiness GrainCorp, after expressed competition concerns about the $350 million tie-up in July.
Quintis founder wins unredacted transcripts of ASIC chats with directors
Quintis founder Frank Wilson has won his bid for unredacted transcripts of ASIC examinations with six former directors of the failed sandalwood company.
Legal fee fight looms in HIH Insurance shareholder actions
Lawyers behind four quasi representative proceedings against the liquidators of collapsed HIH Insurance have launched a bid to recoup the costs of their successful 18-year-long legal battle.
Ashurst partner slams ruling from ‘confused’ judge in dispute with ex-judge neighbour
A partner at Big Six firm Ashurst has challenged a NSW Supreme Court decision appointing liquidators to his Point Piper home in a protracted dispute with an ex-judge neighbour, saying the judge was confused and made an order which was an "affront to our system of adversarial justice".
ANZ says ASIC overreaching in case over ‘periodical payment’ fees
ANZ has rejected allegations by the financial regulator that $35 million in fees charged to customers for periodical payments between accounts was unlawful, saying the regulator's case extended the scope of false and misleading representation claims.
Sydney Metro loses bid for Tiffany & Co chats in dispute over flagship store
High-end jewellery retailer Tiffany & Co has won its bid to block Sydney Metro from accessing privileged documents in a dispute over the compulsory acquisition of its store in Sydney's Martin Place for the $2.7 billion Sydney Metro rail project.
UDP wins $25M from insurers over doomed 5 Star Foods deal
Hong Kong-based UDP was entitled to $25 million from its insurers after losing more than $30 million from its disastrous acquisition of dairy conglomerate 5 Star Foods, which had been secretly overcharging one of its biggest customers, food giant Lion Nathan Group.
Judge dismisses Ashurst partner’s dispute with ex-judge neighbour as ‘bordering on irrational’
A partner at Big Six firm Ashurst has lost his bid to stop liquidators taking control of his Point Piper home in a long-running dispute with his ex-judge neighbour, after parts of his case were dismissed as “bordering on irrational”.
‘State of warfare’: Ashurst partner in legal deadlock with ex-judge neighbour in long-running Point Piper dispute
A judge has urged a partner at Big Six firm Ashurst not to "keep a fight going just because you can’t let it go", after the lawyer tried to challenge a court ruling over a long-running building dispute with his neighbour, a former Family Court judge, in the exclusive Sydney suburb of Point Piper.
Businessman Charif Kazal gets last chance to fix ‘incomprehensible’ case against Gilbert + Tobin
A judge has given Sydney businessman Charif Kazal a third and final opportunity to replead his “simply incomprehensible” case against Gilbert + Tobin over the law firm's involvement in a business dispute concerning a lucrative waste facility, despite saying it took “an entire week to understand the arcane obscurities” of the pleading.