A unit of collapsed start-up StrongRoom AI has warned creditors of its parent company that recent freezing orders need to be tweaked to allow it to continue trading, or there may be little money left to argue over.
The lawyer representing applicants in sexual harassment and discrimination class actions against mining giants BHP and Rio Tinto has said there may be thousands of group members.
A former chief of staff to Deputy Prime Minister Richard Marles has resolved her case alleging she was forced out after complaints of bullying.
Pharmacor will be allowed to sell a generic version of heart drug Entresto after the Full Court rejected Swiss drug giant Novartis’ appeal of a ruling that found an extension of the term of its patent for the drug was invalidly granted.
A judge recently made the rare decision to declass a representative case, and experts say we may see more of the difficult applications as class actions move into areas with greater variation in the circumstances of group members.
Nine Entertainment has confirmed it is in talks with US real estate company CoStar over its proposal to buy the media company’s 60 per cent stake in real estate listing site Domain.
Directors of engineering company Clough can’t set eyes on evidence in support of a successful examination bid by Forge’s liquidator, two months before trial in the liquidator’s insider trading case.
A judge has found the liquidators for collapsed developer Crown Group would be justified in making $500,000 in payments to related companies Quay Group and Westport, over objections from a director that he was not consulted on a solicitor’s retainer.
A group costs order giving class action solicitors a percentage cut of the proceeds of a case is a factor in weighing whether proceedings should be transferred from Victoria to a state in which such an order could not operate, the High Court has ruled.
Are group costs orders a factor in deciding a bid to transfer a class action? Can the orders survive the move to an inhospitable state? These questions are to be decided by the High Court Wednesday, in a ruling that will clarify the relevance and reach of Victoria’s contingency fee regime.