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AMP super members are set to receive $60 million in a class action stemming from the banking royal commission, with the average payout being under $100, a judge has heard.
Construction PRO
BP subsidiary Lightsource bp has announced the sale of five of its solar assets to Aula Energy, as part of a plan to shift its focus to hybrid projects.
Bayer and Teva have lost their challenge to Indian drug maker Cipla’s extension of its patent for an allergy medication, with IP Australia finding a failure to pay renewal fees on time was due to a genuine error.
White & Case has lured a partner from King & Wood Mallesons with more than 20 years of experience working on private equity and mergers and acquisitions.
Construction PRO
A former star of Real Housewives of Melbourne has denied altering text messages in a case alleging her sister gave her a $2 million Toorak townhouse in return for relinquishing her stake in a music production business.
Construction PRO
A feud between a reality TV star and her sister over a $2 million Toorak townhouse is playing out in court, with a judge hearing the sisters sealed a deed of gift over the apartment with their fingerprints.
Corporates, regulators and lawyers alike will be poring over the Federal Court's reasons on Monday for dismissing a pivotal greenwashing case against gas giant Santos, but experts say the 250-page judgment is unlikely to deter further litigation.
The former chair of Cor Cordis has sued the insolvency firm, claiming it passed resolutions in “bad faith” that reduced the value of its work in progress from $23 million to $12.7 million to avoid paying out his proper retirement entitlements.
CIMIC faces a cross-claim in its trade mark infringement case against developer Leyton Property, which wants the building giant's Leighton marks removed from the registry for non-use.
The law firm running a no win, no fee class action against ANZ and superannuation trustee OnePath has defended a $1.7 million cut from a $50 million settlement to cover an after-the-event insurance policy.