The High Court has ordered mining magnate Clive Palmer to pay Western Australia Premier Mark McGowan’s costs for contempt proceedings brought against him during the war of words that erupted between the pair over the state’s decision to close its borders at the height of the coronavirus pandemic last year.
Juno Pharmaceuticals has backed away from its plans to launch a generic version of HIV drug Prezista in Australia after being hit with a patent lawsuit by Janssen, becoming the second generic drug maker to capitulate to the Johnson & Johnson-owned company’s demands.
Grant Thornton has won approval to a bring a cross-claim against Forge Group, just three months ahead of trial in the collapsed engineering company’s case against the accounting firm and ten former directors for their alleged negligence in relation to its “uneconomic” purchase of CTEC in 2012.
A former executive of hospital operator Healthe Care Pty has pleaded guilty to one charge of insider trading for acquiring a large number of shares in Pulse Health while in possession of inside information about the private hospital operator.
The High Court has denied special leave to unions representing 20,000 Qantas workers who were stood down during the coronavirus pandemic to challenge a ruling that they were not entitled to paid sick or compassionate leave.
Ernst & Young has delayed in filing its evidence in a lawsuit by Sydney-based investment firm London City Equities over its auditing of collapsed soda ash maker Penrice after hiring Holding Redlich to replace Allens just a few months before a mediation deadline.
Commercial and class action firm Banton Group is investigating a shareholder class action against embattled technology company Nuix in relation to its pre-IPO disclosures which could also ensnare shareholder Macquarie and its executives, auditor PricewaterhouseCoopers and the joint lead managers on its float.
Phi Finney McDonald is investigating a class action against technology company Nuix over its $2.5 billion float, following troubling reports about the Macquarie-backed company’s pre-IPO corporate governance and financial reporting.
California-based fitness company Mad Dogg has accused Peloton Interactive of inducing breach of a non-compete through its $US420 million acquisition of commercial gym equipment manufacturer Precor, and has asked a court to block the company from using its ‘spinning’ trade marks in relation to its interactive exercise bikes.
The lead counsel in class actions against AMP and Vocation and a silk who worked on the landmark Black Saturday bushfire class actions are the latest judicial appointees to the Victoria Supreme Court, boosting the class action chops of the court’s bench.