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An appeals court has found US drug maker Cosette could not rely on sales performance figures to justify its termination of a $672 million merger agreement with Mayne Pharma Group.
Construction PRO
Dashing hopes for a more "compelling" offer, US private equity firm Warburg Pincus has advised land lease and retirement village operator Ingenia Communities that its $2.14 billion takeover bid is its best and final offer.
Former Star Entertainment's boss has been granted an exemption to a six-year corporate ban, with a court allowing him to direct a self-managed super fund.
Insurer Holland has been hit with a $2 million penalty over claim delays which ASIC argued warranted a $30 million penalty, the first civil penalty against an insurer for breaching its duty of good faith.
Construction PRO
The defunct developer behind the planned Pentridge Village project in Melbourne can't defer costs in failed proceedings against the project's financiers, despite a foreshadowed new suit against them.
Teen fashion label White Fox will claim a pair of shorts that bore a four-stripe design was merely ‘decorative’ and did not infringe on Adidas’ distinctive three-stripe trade mark, a court has heard.
CoreLogic can't delay paying indemnity costs for withdrawing an admission made at the beginning of an IP trial, with a judge saying its argument only ever worked in ‘Intolerable Cruelty’ and "only because delivered by George Clooney”.
Construction PRO
Land lease operator Ingenia Communities has opened its books to Warburg Pincus after the US private equity firm improved its takeover bid to $2.14 billion.
Jones Day is making moves on its rivals, luring leading lawyers across disputes, real estate, energy, corporate and IP from a who's who of top firms.
Construction PRO
Hall & Wilcox has resolved a Federal Court case by the liquidators of Hastie over the law firm's $18.6 million bill for its previous representation of the defunct construction company.