Judge ‘running out of patience’ in Scidera’s bovine gene patent suit

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A judge has declined to order US-based animal genomics company Scidera to file a position statement in its bovine gene patent infringement suit and said she was “running out of patience” after unsuccessful strike-out and summary dismissal applications by the defendants.

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Liberal Party entity urges court to toss case over $1.5M Pesutto loan

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A company linked to the Victorian Liberal Party that provided a $1.5 million advance to former party leader John Pesutto says a case launched to block the loan should be thrown out.

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ASIC fights to strike out Palmer’s negligence, public misfeasance claims

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ASIC has called for a court to strike out negligence and public misfeasance claims in a suit by billionaire Clive Palmer alleging the regulator and its chief investigator were “improperly influenced” by corporate rivals.

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The Wiggles scolded by ACCC over non-compliant Emma headband

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Ubiquitous child entertainment group The Wiggles has admitted it likely breached consumer laws by selling Emma light-up headbands without warning consumers the dress-up toy contained button batteries, which can be fatal if swallowed. 

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Open4Sale directors can’t rely on company funds to pay $2.8M penalties

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Penalties imposed for disclosure breaches will hit two directors of e-commerce firm Open4Sale where it hurts, after a court on Tuesday barred the pair from having recourse to any indemnity by the company.

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ASIC accuses WA mineral exploration company of disclosure breaches

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ASIC has filed proceedings against mineral exploration company AVZ Minerals and two of its directors, alleging the company failed to disclose a critical legal dispute, including a forgery claim, relating to a $32 million lithium mine deal.

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Judge rejects ratchet contingency fee in MinRes class action

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A judge has ordered a flat contingency fee at a rate below the maximum sought by the firm running a class action against Mineral Resources, agreeing with a colleague that recent shareholder class action losses don’t justify a higher percentage.

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Cosette appeals loss over exit from $672M Mayne Pharma merger

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Cosette plans to appeal a ruling that rejected its bid to terminate an agreement to merge with Mayne Pharma, as the US drug company also refuses to agree to conditions needed to win Foreign Investment Review Board approval for the tie-up.

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