Recycling company Sims Metal Management has responded to a shareholder class action ahead of a hearing on Tuesday, denying it breached its continuous disclosure obligations and partially placing the blame for any losses at the feet of group members.
A judge has dismissed an application by an Australian-Chinese law firm for access to documents from a competitor — including addresses of clients — in a case alleging its rival published a defamatory message on the WeChat network.
A Sydney franchisee who claimed he sunk more than $160,000 into two swim schools that were never built has lost his case for damages against troubled franchise Jump!, as it faces ongoing questions from the consumer watchdog.
A proposed Novartis patent for an oral form of its top-selling multiple sclerosis drug Gilenya is invalid for lack of inventive step, IP Australia has found, but gave the pharmaceutical giant a chance to amend.
Oil exploration company Paltar Petroleum will be wound up after a judge rejected a proposed deed of company arrangement as containing “too much uncertainty”.
A judge has dismissed an application by the Australian Securities and Investments Commission to investigate two Sydney-based liquidators, saying the regulator had failed to prove its suspicions about the pair.
Actor Geoffery Rush has accused the Daily Telegraph publisher Nationwide News of “doubling down” on its defamatory allegations and attacking the vindication he received in winning his defamation case against the publisher.
The Quintis shareholder class action trial could be delayed for almost two years, while ASIC runs its civil proceedings case against the founder of the sandalwood oil production company.
A judge has found embattled hedge fund Goldsky breached the Corporations Act by providing financial services in Australia without a licence.
Bauer Consumer Media has won a five-year legal battle over Evergreen Television’s Discover Downunder trade mark, with the Full Federal Court setting aside a prior IP Australia decision and deregistering the mark.