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A class action against Johnson & Johnson over alleged ineffective cold medicine has attacked the pharmaceutical company’s application for soft class closure, telling a court the process would produce useless data and only need to be repeated.
A judge has allowed a shareholder class action against IAG over COVID-19 business interruption claims exposure to add a new claim for damages, despite the insurer arguing the allegation was “clearly bad in law”.
A settlement has been reached in a dispute over more than $100 million in shares in AI data centre start-up Firmus Grid ahead of an expected $7 billion IPO, just days before the company's founders were due to give evidence in court.
A judge has scolded former directors of Mosaic Brands after they failed to comply with orders made last week ahead of a 10-day public examination as special purpose liquidators investigate $196 million in potential insolvent trading claims and directors duty breach claims.
The Full Federal Court has found that two NRL fans were defamed by Nine presenters' comments that implied they were involved in racially abusive behaviour, and remitted the matter for consideration of the broadcaster's defences.
Construction PRO
After getting the nod from a judge, the trustee for the Dexus bloc of shareholders in airport operator APAC has lodged an appeal of a finding that it committed a material and irremediable breach of the owners' deed.
Construction PRO
Property manager Fortius has lost its bid to bring negligence claims under NSW's Design and Building Practitioners Act against certifier City Plan Services in defects litigation over the One Central Park development in Sydney.
Construction PRO
The owner of Northcote Shopping Centre in Melbourne has lost its bid for leave to appeal in a fight with budget supermarket Aldi over whether clauses imposing a cap on rental increases is contrary to the Retail Leases Act.
Construction PRO
A former director of Melbourne-based Aviation 3030 has failed to overturn a finding that the liquidators of the landbanking company could recover half of a $3.4 million landholder duty liability from him.
A shareholder class action has won access to reports by FTI Consulting and KPMG that were commissioned by water remediation company Phoslock, with a judge finding they were not created for the dominant purpose of providing legal advice.