Gilbert + Tobin

Infrastructure fund manager Dexus must pay a total of $30 million in legal costs to Australia Pacific Airports Corporation and fellow APAC shareholders, after losing its case over a default notice that has forced a sale of Dexus' stake in the airport operator.

Hearing a fight over $40 million in costs in a case over the sale of Dexus shares in Australia Pacific Airport Corporation, a judge has said he doubts the airport operator can recover the hundreds of thousands of dollars spent on a media consultant during the dispute.

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. 

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.

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”.

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.