Saying the appeals court committed “fundamental errors” in approaching their claim of loss, the applicants in failed cases against the Commonwealth Bank have appealed to the High Court, in a case that could clarity the elusive test for damages in shareholder class actions.
Abbey Animal Health has managed only a “pyrrhic victory” in a patent case against rival Virbac over an antiparasitic drug, and must withdraw its Levamox Duo product from the market, a court has found.
Elanor Funds Management’s board on Friday unanimously recommended that securityholders reject the takeover offer and provided an expert independent report from Kroll Group that concluded the offer of $0.70 in cash per stapled security undervalued the fund.
An appeals court has binned construction firm Shamrock’s second bid to toss waste management firm Cleanaway’s $31 million claim for costs associated with cleanup of an Ipswich dump following a flood.
A court has declined a developer’s appeal of a Sunshine Coast council’s rejection of plans to build a BP service station as well as a McDonald’s and KFC at vacant land in Maroochydore.
A judge has ordered embattled Optus to pay a $100 million penalty for “appalling” contraventions, after the telco admitted staff pressured customers into buying phones they couldn’t afford.
Media giant Seven Network is facing a class action investigation into possible underpayments, including the alleged failure to pay rest breaks and overtime.
A judge has ordered the Australian Broadcasting Corporation to pay $150,000 for unfairly dismissing presenter Antoinette Lattouf because of her opposition to the Israeli military campaign in Gaza.
Rebel Sport owner Super Retail Group has reached a settlement in a lawsuit by two former employees, just days after the retailer sacked its CEO.
Sports merchandise company Fanatics is going another round in its trade mark fight with AFL apparel maker FanFirm, urging the High Court to give guidance on the defence of honest concurrent use.