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Bayer has filed a High Court challenge to a decision that invalidated its patents for blockbuster blood thinner Xarelto, saying it would adversely affect drug research and development.
A judge has rejected a shareholder's bid to wind up investment firm Keybridge Capital, but allowed it to bring a derivative suit over a $4.75 million advance used for a director to purchase a Lake Como property.
A judge has ordered self-styled real estate mogul Sasha Hopkins to pay a $1.25 million penalty for luring investors to put their life savings into risky property developments.
Two High Court cases weighing key issues for class action practitioners will likely push the trial in a shareholder proceeding against the collapsed Blue Sky Alternative Investments and auditor EY to early 2026.
A class action against water treatment company Phoslock and auditor KPMG should not be held up until a shareholder that's stuck in preliminary discovery proceedings files a competing case, a court has heard.
The co-owners of Pacific Werribee shopping centre in Victoria have won their bid for a preliminary trial in a suit against Probuild Constructions and several engineering companies over $200 million in alleged structural defects.
A judge has approved a settlement in a class action against Monsanto under which group members will get nothing, after he rejected claims that the company's Roundup weed killer is carcinogenic.
Health Workers Union secretary Diana Asmar wants to halt a case by the Fair Work Commission over an alleged $2.7 million false invoicing scheme, saying criminal proceedings were “on the cards”.
A shareholder class action against WiseTech has cited the logistics company’s response to a short seller’s report as proof of its failure to disclose the true performance of businesses purchased during an acquisitions streak.
Law firm Cornwalls has denied claims by a former client that it acted negligently and caused it to enter receivership, resulting in $4.8 million in losses.