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IP services company QANTM has signaled the end to a bidding war to acquire rival Xenith IP, saying it will not match the terms of the latest offer lodged by fellow IP services provider IPH that would see it acquire Xenith outright.
The takeover battle for Xenith IP has entered round two, with IPH submitting a revised proposal to acquire the IP services firm in full, leaving fellow suitor QANTM with three days to lodge a competing offer.
An insolvent mobile ticketing company wants a slew of documents from HWL Ebsworth related to its allegations that an HWL partner aided its former directors in diverting the proceeds of a life insurance policy to pay money owed to the firm.
A judge has rejected a bid by a group of Apache Corporation companies to break up a looming trial in a long-running dispute with WA-based oil and gas company Santos, saying holding a hearing on separate issues would not be the time saver Apache claims.
Majority shareholders in MWL Financial have filed a derivative suit against US-based Focus Financial Partners over a soured acquisition.
The battle to acquire IP services company Xenith IP Group is set to intensify after the Australian Competition and Consumer Commission blessed a hostile offer by IPH Limited.
The judge overseeing the lengthy trial between agricultural giants Cargill and Viterra over the $420 million sale of malt producer Joe White has shot down Viterra's request to shield the identity of malting companies that allegedly engaged in shady business practices, including using a banned substance to produce malt.
A name partner at law firm Tucker & Cowen and the firm itself have lost their bid for summary dismissal of a lawsuit brought by the receiver of failed fund manager Equititrust seeking to recover $17.5 million allegedly acquired through deceptive means.
The Australian Competititon and Consumer Commission is investigating the proposed $231 million acquisition of Origin Energy's Ironbark gas project in Queensland to Australia Pacific LNG.
The Australian Competition and Consumer Commission has dropped its claims of collusion against rail freight companies Pacific National and Aurizon, as the trial in its competition case wraps up this week.