Challenging a ruling that it breached its continuous disclosure obligations, ANZ has argued on appeal that it did not need to inform the ASX of a bailout by the underwriters of a 2015 institutional share placement because the information didn’t go to the fundamental value of its shares.
Justice Tim Faulkner’s “dessicated” sense of humour was on display during a swearing in ceremony on Thursday, during which the new judge thanked his colleagues on the bench for their handwritten letters of welcome, one of which he said was “completely unreadable”.
Seeking leave to challenge a decision that shaved $1.14 million from its costs in running a class action against Aveo, Levitt Robinson has argued the firm would have enjoyed a right of appeal if it had been joined to the case as it ought to have been.
South Korean biotech ToolGen has won court approval to patent its genome editing technology CRISPR, after an earlier bid to protect its IP found the revolutionary technology was not patentable.
In a continuing fight over damages stemming from misleading burger ads, McDonald’s has opposed production of sales information to Hungry Jack’s directors and its top executive, saying the information was confidential and the companies “fierce competitors”.
A homophobic tweet by former NSW One Nation leader Mark Latham unleashed an “utterly hateful torrent of abuse and vitriol”, including death threats against Independent Sydney MP Alex Greenwich, which left him fearing for his safety, a court has heard.
Equitable contribution by Western Power, Ventia and a property owner found jointly liable for the same loss resulting from the Parkerville bushfire in WA must be mathematically equal regardless of how the liability was apportioned, a judge has found.
A New South Wales developer’s competition case against NSW Ports over a ports privatisation agreement looks bound for the High Court after a judge found a related ACCC proceeding did not bar it from bringing the case, which will challenge a Full Court finding that the ports operator was shielded by derivative Crown immunity.
A court has imposed an interim injunction on a former Samsung Electronics business manager, restraining him from taking a similar role with rival Electrolux until a case alleging breach of post-employment restraints is heard.
A tribunal will recommend that a Perth solicitor be struck from the roll of practitioners after being found to have engaged in professional misconduct for failing to comply with requests for information by Western Australia’s legal complaints body.