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In victory for Glencore, High Court won’t weigh in on landmark transfer pricing ruling
The High Court has denied the ATO's request that it weigh in on Australia's transfer pricing regime, leaving in place a Full Court victory for mining giant Glencore that left it paying $2 million of a $92 million bill relating to the sale of copper from a mine in Cobar, NSW.
Arnott’s, Goodman Fielder lay down swords in ‘Plantry’ trade mark battle
Arnott's and Campbells have settled a lawsuit brought by Goodman Fielder accusing them of infringing its 'Plantry' mark under which it sells plant-based frozen meals, after the cookie company filed a cross-claim seeking to have the mark cancelled.
Arasor class action plaintiff revives claim that it’s owed $1.2M under side deal with funder
One of the lead applicants in a settled shareholder class action against technology company Arasor wants to set aside a statutory demand from funder International Litigation Partners, reviving a years-long beef over $1.2 million allegedly owed in personal expenses under a side agreement agreement with the funder.
Clive Palmer hit with costs for ‘desultory and inefficient’ contempt case against WA Premier
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.
Janssen triumphs again in battle to protect HIV drug patents
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 can bring cross-claim against Forge Group
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.
Former Healthe Care exec pleads guilty to insider trading
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.
High Court won’t hear case over sick leave for stood-down Qantas workers
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.
EY’s ‘surprising’ switch from Allens to Holding Redlich delays suit over Penrice audits
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.
Nuix class action investigation targets Macquarie, PwC
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.