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Abbey in ‘pyrrhic victory’ against Virbac over antiparasitic drug patent
Abbey Animal Health has managed only a “pyrrhic victory" in a patent case against rival Virbac over an antiparasitic drug, and must withdraw its Levamox Duo product from the market, a court has found.
Puma loses trade mark catfight with Tiger Woods’ sportswear brand
Puma has lost its opposition to a trade mark application by Tiger Woods' golf apparel and equipment brand Sun Day Red, failing to convince the Trade Marks Office that the company's logo is deceptively similar to its iconic leaping cat mark.
University of Wollongong to pay $6.6M to underpaid staff
The University of Wollongong has agreed to pay over $6.6 million to thousands of underpaid staff members as part of an enforceable undertaking with the Fair Work Ombudsman.
Construction PRO
Lederer’s takeover offer for Elanor Funds ‘neither fair nor reasonable’: report
Elanor Funds Management's board on Friday unanimously recommended that securityholders reject the takeover offer and provided an expert independent report from Kroll Group that concluded the offer of $0.70 in cash per stapled security undervalued the fund.
Construction PRO
Palmer loses $300B case against Australia over Pilbara iron ore project
Mining magnate Clive Palmer has lost a long-running fight against Western Australian legislation over an iron ore project in the Pilbara, with an international tribunal finding it had no jurisdiction to hear $300 billion case.
Construction PRO
Civil construction firm Shamrock loses second attempt to toss $30M Cleanaway claim
An appeals court has binned construction firm Shamrock's second bid to toss waste management firm Cleanaway’s $31 million claim for costs associated with cleanup of an Ipswich dump following a flood.
Construction PRO
BP, McDonald’s at odds with Sunshine Coast planning scheme: court
A court has declined a developer's appeal of a Sunshine Coast council's rejection of plans to build a BP service station as well as a McDonald's and KFC at vacant land in Maroochydore.
Construction PRO
Aspen Group buys remaining stages of Wallaroo Shores planned community
Housing developer Aspen Group has paid $14.1 million to acquire the remaining stages of the Wallaroo Shores master planned community in South Australia.
Optus fined $100M for ‘appalling’ sales tactics
A judge has ordered embattled Optus to pay a $100 million penalty for “appalling” contraventions, after the telco admitted staff pressured customers into buying phones they couldn't afford.
Seven Network faces underpayments class action investigation
Media giant Seven Network is facing a class action investigation into possible underpayments, including the alleged failure to pay rest breaks and overtime.