A barrister for two units of embattled wealth manager IOOF and three senior company executives facing claims by APRA have criticised the regulator for filing a broad concise statement and no statement of claim after a three-year investigation.
Generic drug giant Teva has filed a lawsuit seeking to have German pharmaceutical company Boehringer’s patent for an inhalation capsule, which is used to deliver the active drug in its blockbuster Spiriva asthma inhaler, declared invalid.
NSW Ports has criticised the Australian Competition and Consumer Commission for expecting the company to file a defence to the regulator’s allegations of anti-competitive conduct from a concise statement it panned as “vague”.
A judge has denied Sanofi’s bid to block Alphapharm from listing its insulin injector pen on the Pharmaceutical Benefit Scheme, saying Sanofi has not established a strong enough case of infringement to justify granting the injunction.
A law firm on the losing end of a landmark ruling over competing shareholder class actions against GetSwift has argued that a proposed opt-out notice to group members should wait until after its High Court appeal. And the judge will let the firm make its argument, after hearing that the winning law firm has been, in his words, “sitting on its hands”.
The lead applicant in a class action over the failure of Banksia Securities is on the hook for paying the legal costs of a class member who successfully challenged the funder’s cut of a $64 million settlement in the case.
The judge overseeing a lawsuit against Air France over the alleged unauthorised use of the song “Love is in the Air” will have to weigh who owns the rights to the disco hit.
Hotel booking aggregator Trivago, which last month admitted to breaching the consumer laws over its travel accommodation rankings, has lost a bid to keep secret internal documents that detail why the company made changes to its website and rejigged its advertising.
Treasury Wine Estates can’t claim its legal costs in defending against two stayed shareholder class actions because the terms of a settlement in a third class action barred the company from recovering anything from group members in related cases, a court has heard.
A judge has chosen a winner in a battle of law firms vying to run a massive shareholder class action against BHP over the fatal collapse of a dam at its Brazilian mine, saying the funding arrangement behind the successful case would best serve class members.