Mining giant BHP has been hit with the biggest class action in UK history on behalf of over 235,000 Brazilians claiming more than AUS$7 billion in damages resulting from the disastrous Fundao dam collapse in 2015.
After losing its fight for a temporary injunction, Sanofi-Aventis has dropped its patent lawsuit against Alphapharm over the generic drug maker’s plans to market a competing insulin injector pen in Australia.
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A judge has refused an application by generic drug maker Juno Pharmacueticals to withdraw an admission in a battle with Millennium Pharmaceuticals over its cheap version of breakthrough cancer drug Velcade, denying Juno a potential defence to allegations of patent infringement.
Former Aussie Home Loans boss Stephen Porges has lost an appeal of a judgment ordering him to pay more than $1 million to a private equity firm that was found to have been duped into buying his worthless shares in a beleaguered startup.
International law firm Baker McKenzie has confimed the death of its global chair, Paul Rawlinson, who had been on extended leave, citing exhaustion.
Dairy giant Parmalat has come up short in its attempt to block competitor The a2 Milk Company from registering a trade mark in Australia for a logo featuring the words “A2/A2 Genetics Verification”.
Citigroup has agreed to refund $3 million to 114 customers that suffered losses stemming from investments in complex financial products, after ASIC raised concerns that some of theĀ customers may have thought they were getting personal rather than general advice.
Australia’s largest intellectual property services firm IPH will maintain its dominance after winning a takeover battle for Xenith IP, a deal that will create a formidable IP services giant with over 1,000 employees across Asia Pacific.
US lingerie company Victoria’s Secret has reached a settlement in a lawsuit over the sale of knockoff products that mimic the get-up of its trade marked body care products.