M&A
Takeovers Panel says Cosette can’t shutter Mayne’s Adelaide drug plant
The Takeovers Panel has found Cosette cannot close a Mayne Pharma drug manufacturing plant in Adelaide, another win for Mayne in its push to block the US drug maker from walking away from their $672 million merger.
Intellectual Property
Light & Wonder employees can’t dodge subpoenas in Aristocrat case
A judge has signed off on subpoenas compelling employees of gaming company Light & Wonder to give evidence in a US case by Aristocrat alleging misuse of confidential information about its popular Dragon Link poker machine.
Employment
Axed Lovisa worker wins FWC filing extension after solicitor’s mistake
The Fair Work Commission has allowed a former Lovisa worker to file an unfair dismissal claim out of time, finding that an error by her lawyer constituted an exceptional circumstance.
Telecommunications
Telegram drops challenge to $1M eSafety fine for reporting delay
Encrypted messaging app Telegram has withdrawn its court challenge to a $1 million fine issued by eSafety, a move welcomed by the online regulator on Thursday.
Class Actions
Qld energy class action’s bid for evidence of $40M in defence costs meritless: judge
The applicant in a failed class action against Queensland utilities Stanwell and CS Energy can't get its hands on fee invoices as it prepares its response to a claim for recovery of what could be up to $40 million in costs.
Courts
Barristers with high-stakes litigation chops appointed to NSW Supreme Court
A senior counsel who represented the Department of Defence in a PFAS class action that settled for $132.7 million and a silk who helped Keybridge Capital defeat a suit by investor Nicholas Bolton have been appointed judges on the NSW Supreme Court.
Professional Negligence
Client of injury firm Margalit can’t revive negligence suit
Plaintiff firm Margalit Injury Lawyers has escaped a client's bid to revive his negligence suit, with an appeals court finding the firm was protected by advocate’s immunity.
Class Actions
In class action defence, AFL denies duty to shield players from racism
The AFL has rejected claims it owed a duty to protect footballers from racism on the oval, saying the risk of racist abuse was caused by “prevailing attitudes” and comparable to the risk they faced in other areas of life.
Employment
Sacked Canva software engineer drops coercion claim from Fair Work suit
Design tech giant Canva has succeeded in opposing a former software engineer's claim of coercion in an employment suit over his sacking.
Securities
London City Equities settles with Excelsior over $101M sale
London City Equities has reached a settlement with listed firm Excelsior in a case alleging shareholder oppression over a decision to sell off a subsidiary for $101 million and not distribute the proceeds.
