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The state of Victoria has attacked the “magical thinking” of a class action over its COVID-19 hotel quarantine debacle, as the applicants seek to plead an alternative case holding the state responsible for a wave of infections.
Construction PRO
A receiver for collapsed developer Crown Group has sold the Sky Suites Sydney Hotel for a reported $68 million to a Singapore-based company.
Mastercard has pushed back on the ACCC's argument that it waived privilege over communications with lawyers, saying it would "take the law of waiver to a place it has never been before".
Likening its position to the "Goldilocks zone", EY has secured documents from rival Alvarez & Marsal as it weighs potential litigation over the mass departure of partners and staff from its international tax practice.
AMP is facing a new class action alleging certain superannuation fund members were hit with inflated premiums over a five-year period, after arguing a similar matter was "in search of a case" more than four years after being filed.
Construction PRO
US private equity firm KKR will acquire agriculture infrastructure firm ProTen from superfund Aware Super, in a deal valued at around $1.3 billion.
A judge has ruled that Walter Sofronoff KC can rely on a report on his inquiry into the prosecution of Bruce Lehrmann in his case challenging the ACT Integrity Commission's findings that he engaged in corrupt conduct.
Construction PRO
Fund manager Realside and other leaseholders have launched proceedings against M3Property and a valuer, alleging tenants of Rundle Mall in Adelaide have been overcharged for rent since 2006 as a result of consistently flawed valuations.
US biotech company Regeneron Pharmaceuticals has sued Sandoz, claiming it is threatening to infringe the patent for its Eylea biologic, used to treat macular degeneration and diabetic macular oedema.
Singer Katy Perry has asked the High Court to uphold the Full Court’s decision to knock out the ‘Katie Perry’ mark of an Australian fashion designer, as it gears up to hear an appeal raising issues about the construction of key provisions of the Trade Marks Act.