The Australian Competition and Consumer Commission has come up short in its appeal of a ruling that found it had produced insufficient evidence of a laundry detergent cartel, in the first so-called hub and spoke case brought by the competition regulator.
The Australian Competition and Consumer Commission has apologised for botching the announcement of its plan to block the $15 billion merger of TPG and Vodafone, blaming a computer glitch for the error.
Melbourne-based civic compliance firm SARB Management Group wants to put the brakes on a case brought by tech company Vehicle Monitoring Systems over a patented method for detecting vehicles, in a dispute it says was finalised in a settlement reached almost five years ago.
A court has dismissed a long-running case against defunct Babcock & Brown executives by a private investment fund over a botched $1.4B acquisition of the biggest laundry equipment provider in the US, saying the executives did not breach their duties by failing to disclose that the bank underwriting the deal allegedly wanted out.
Oil exploration company Paltar Petroleum will be wound up after a judge rejected a proposed deed of company arrangement as containing “too much uncertainty”.
A judge has granted a bid to add former Radio Rentals CEO James Marshall and the beleaguered company’s insurer, AIG Australia, as respondents in a class action, over the protests of Marshall’s lawyer, who said his client couldn’t afford to pay for his defence.
Vodafone and TPG will file a Federal Court challenge to the Australian Competition and Consumer Commission’s opposition to their proposed $15 billion merger, teeing up the biggest merger challenge ever heard by the court.
The Australian Securities and Investments Commission has won its bid for a court order placing Melbourne-based forex trader Berndale Capital into receivership for allegedly failing to safeguard client money.
Two units of private equity company Antin Infrastructure Partners have taken their legal battle with Spain to Australian court, filing a lawsuit to enforce a $161 million arbitration award related to investments the companies made in two solar plants in southern Spain.
US-toy giant Mattel has reached a settlement in a Federal Court case alleging its Mecard toys infringed on a patent for a toy transformation mechanism owned by Canadian toy company Spin Master.