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Biotech Mesoblast to be hit with class action over COVID-19 treatment disclosures
Australian regenerative medicine company Mesoblast faces a shareholder class action over disclosures related to its Remestemcel-L treatment for COVID-19 complications.
Ben Roberts-Smith flags ‘serious concerns’ about potential unlawful conduct by Fairfax
Ben Roberts-Smith has raised “serious concerns” in his defamation case against Fairfax that the media company may have unlawfully published classified material he allegedly buried in his backyard, with the war veteran asking for an explanation of where it came from.
‘Just tell us what we did wrong’: KPMG to get more details in Arrium class action
A judge has ordered the applicant in a shareholder class action against former Arrium directors and KPMG over allegedly misleading statements made ahead of Arrium’s $754 million capital raising in 2014 to explain how the amount by which the mining company’s assets were allegedly overvalued was calculated.
DLA Piper picks up IP partner from MinterEllison
DLA Piper has snagged a leading technology partner from rival MinterEllison to join its intellectual property and technology practice.
The Athlete’s Foot hit with lawsuit over alleged sexual assault
A former employee of The Athlete’s Foot has sued the sports footwear chain over an alleged sexual assault which she claims took place after a work-related event, saying the alleged perpetrator threatened her for complaining to the national manager, who dismissed her allegations.
‘Undervalued’ Lendlease land purchase roils one of Australia’s richest families
The children of one of Australia's wealthiest families are locked in a legal battle, with a judge preliminarily allowing the daughter to bring derivative proceedings against her brother for allegedly giving property developer Lendlease options to buy land owned by the trust for which she is a beneficiary for a “significant undervalue”.
Ampol hits back at Chevron in trade mark trial over Caltex brand
Petrol station operator Ampol has denied accusations by US oil giant Chevron that it is misusing Caltex branding on 175 of its service stations, on the first day of a trial that could see the presiding judge take a road trip to view the alleged offending signage firsthand.
‘Not comforting or chivalrous’: Barrister reprimanded for sexually harassing solicitor
A Sydney barrister who has admitted to sexually harassing a young female solicitor in a NSW Supreme Court conference room is facing disciplinary action for unsatisfactory professional conduct.
Slater & Gordon pushes back against ‘onerous’ discovery in Arnold Bloch Leibler class action
Slater & Gordon has argued discovery is becoming “unduly onerous” in a cross-claim filed by Arnold Bloch Leibler in a class action accusing the law firm of breaching its duty of care by greenlighting Slate & Gordon’s $1.2 billion acquisition of Quindell.
QBE Insurance files COVID-19 business interruption test case
Insurance giant QBE Insurance Australia has launched a COVID-19 business interruption test case in the Federal Court, following a landmark loss for insurers in the NSW Court of Appeal that could cost them $10 billion.