An appeals court has found that two former executives of collapsed electronics retailer Dick Smith should pay the company’s receivers $11.8 million in damages for approving a dividend payment the company could not afford.
Australian intellectual property firm IPH has acquired Canada-based Smart & Biggar, positioning both firms to offer clients global IP services.
The Australian Securities and Investments Commission has made cracking down on greenwashing one of its top enforcement priorities, as environmental, social and governance proposals by activist shareholders hit record levels.
US animal health giant Zoetis has offered to shed assets to win competition clearance for its proposed takeover of NSW-based pet drug maker Jurox.
GetSwift managing director and founder Joel Macdonald faces a lawsuit by former Melbourne Demons teammate James Strauss, who helped launch the strife-ridden logistics tech company seven years ago.
The Full Federal Court has dismissed former Blue Star Helium CEO James Cruickshank’s challenge to a $40,000 penalty and four-year ban for failing to disclose to shareholders the identity of the buyer behind a botched sale of Texas oil assets.
Law firm Johnson Winter & Slattery is expanding its footprint with the opening of a Canberra office spearheaded by two new partners lured from MinterEllison and leading M&A partner Marcus Clark.
Canada-based software company Dye & Durham has offered to divest its Australian business to win the ACCC’s blessing for its proposed $2.9 billion acquisition of technology services provider Link Group.
Bell Potter has defeated a lawsuit by Nicholas Bolton’s Keybridge Capital over a 2015 phone call which lasted one minute and 18 seconds in which the investment firm was accused of committing its client to buy $10 million worth of shares in defunct Molopo Energy.
Slater & Gordon has defeated Shine Lawyers in a contest to run a shareholder class action against Beach Energy, with a judge finding Shine’s tiered contingency fee arrangement was “mere window dressing”.