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Asahi’s $16B deal to buy CUB gets competition approval with sell-off
Article 2020-04-01 2:27 pm By Christine Caulfield Melbourne

The competition watchdog has signed off on the $16 billion acquisition of Carlton & United Breweries by Asahi after the Japanese beer giant offered to shed key beer and cider brands to seal the deal.

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ACCC to ease off compulsory exams in response to COVID-19
ACCC 2020-03-27 10:51 pm By Cat Fredenburgh Melbourne

The Australian Competition and Consumer Commission will scale back its use of certain investigatory tools, such as compulsory examinations, amid the strain on Australian businesses from the spread of COVID-19.

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‘Free the flag’: Copyright dispute over Aboriginal flag looms
Article 2020-03-19 11:42 pm By Cat Fredenburgh Melbourne

A company that holds the copyright for the Aboriginal flag may file a lawsuit against a website that sells flags featuring the design with the words ‘Free the flag’ in the middle.

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Contingency fees will compromise lawyers’ ethics, peak legal body warns
Article 2020-03-13 12:27 am By Christine Caulfield Melbourne

The Law Council of Australia has come out against proposed Victorian legislation that would allow lawyers to charge contingency fees, saying lifting the current ban would compromise solicitors’ ethical duties to their clients.

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ACCC review of Google’s Fitbit acquisition to look at data
ACCC 2020-02-27 11:22 pm By Cat Fredenburgh Melbourne

The Australian Competition and Consumer Commission has opened a formal review into whether Google’s $3 billion acquisition of fitness device company Fitbit will harm competition, including the potential impact of the search giant’s increased access to user data.

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Dick Smith class actions headed for March trial after mediation fails
Accounting 2020-02-10 11:00 am By Cat Fredenburgh Melbourne

Two shareholder class actions against failed electronics retailer Dick Smith will head to trial in March, after a failed attempt to resolve the long-running dispute in mediation.

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Former boss of music streaming platform Guvera disqualified for 2 years
Article 2020-01-14 10:29 pm By Christine Caulfield Melbourne

The head of failed global music streamer Guvera has been banned by the corporate regulator from managing corporations for two years for failing to avoid conflicts of interest or pay the company’s taxes.

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Lawyerly holiday publishing schedule
Article 2019-12-20 1:18 pm By WP Creative Melbourne

In observance of the holidays, Lawyerly will be closed from December 23, 2019 to January 3, 2020. We will resume regular daily publishing on Monday, January 6. If you have any trouble accessing your Lawyerly account or have subscription enquiries during this time, please email subscriptions@lawyerly.com.au.

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Judge OKs $190M stolen wages class action settlement, says funder’s cut fair
Andrew Crowe 2019-12-19 11:33 pm By Christine Caulfield Melbourne

Calling it the largest human rights case in Australia’s history, a judge has signed off on a $190 million settlement in a class action against the State of Queensland and approved the funder’s 20 per cent cut of the proceeds.

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APRA puts conditions on CBA unit Avanteos after charging fees to dead clients
APRA 2019-12-11 11:16 pm By Christine Caulfield Melbourne

CBA subsidiary Avanteos Investments Limited has been hit with extra conditions on its superannuation licence by the Australian Prudential Regulation Authority after it was revealed the investment management firm charged fees to thousands of deceased superannuation members.

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