The competition watchdog will not oppose Mylan NV’s proposed merger with Pfizer’s Upjohn Inc after the global pharmaceutical giants agreed to sell several off-patent brands to dispel competition concerns.
Virgin Australia has been ordered to return four jet engines to the United States, after a court found the embattled airline and its administrators failed to properly hand over the engines and other equipment to their owners.
The Australian Competition and Consumer Commission has told lawyers it will no longer publicise its investigations into completed mergers, which until now have been listed on the mergers public register.
The accounting firm at the centre of a class action over failed music streaming platform Guvera has hit back at claims it was negligent in promoting an investment opportunity in the failed tech company.
Thomson Geer has raided DLA Piper and Macpherson Kelley and picked up some of Australia’s top lawyers, one month after raiding Dentons’ Brisbane office, as it aims to become one of the country’s major law firms.
The majority shareholder in insurance broker Coverforce has won its bid to use documents from an existing lawsuit over the company’s $25 million acquisition of Suncorp unit Resilium in new proceedings it intends to bring.
The Australian Competition and Consumer Commission has delayed it decision on whether to block Google’s $3 billion tie-up with fitness device company Fitbit to allow time for the European Union to investigate the proposed merger.
National law firm Mills Oakley has been accused of negligence and breach of contract over advice the firm gave regarding the sale of shares in a personal injury law firm to Slater & Gordon.
Sydney businessmen Charif and Tarek Kazal have appealed a ruling that found their claims against Gilbert + Tobin over an alleged dishonest scheme to rob them of a 50 per cent stake in a lucrative Sydney waste facility were “fundamentally incoherent”.
An Ashurst partner in a long-running stoush with his former Family Court judge neighbour over a property in the harbourfront Sydney suburb of Point Piper has been hit with indemnity costs for “unreasonably” pushing his case.