The High Court of Australia has rejected two applications by Queensland billionaire businessman Clive Palmer and his company Palmer Leisure Coolum for special leave to appeal the dismissal of their cases against former ASIC Chair James Shipton because they have insufficient prospects of success.
The High Court of Australia has rejected two applications by Queensland billionaire businessman Clive Palmer and his company Palmer Leisure Coolum for special leave to appeal the dismissal of their cases against former ASIC Chair James Shipton because they have insufficient prospects of success.
Retailer David Jones has entered voluntary administration on Thursday after 188 years in business according to McGrathNicol, the administrators, and FTI Consulting, the receivers and managers of its business and assets, with plans for either new funding or a sale to start immediately. Ashurst is advising McGrathNicol.
Data centre operator NEXTDC, facing potential shareholder class actions after an earnings downgrade sent its shares plunging 42%, said Thursday that a share raid by Goodman Group and Digital Realty was 'opportunistic' and that it had received no takeover proposals.
Australian internet service provider SpinTel has paid $653,400 in penalties for sending more than 32,000 spam emails to former customers encouraging them to return and promoting new products without their consent, ACMA said on Wednesday.
Ashurst Perkins Coie has named Deloitte Australia's Lisa Dobbin and Josh Black as partners in its risk advisory team in Sydney, with Dobbin leading its financial crime unit and Black focusing on data and technology.
