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Kicking off its appeal of a finding that it couldn't walk away from a $672 million merger agreement with Mayne Pharma, US drug company Cosette has told a court that Mayne was not upfront about its financial position prior to the deal.
Construction PRO
A trial in related cases by developer Villawood over a logistics estate near Wallan, Victoria has been pushed back to next year.
The Commonwealth Bank has urged the High Court to uphold a ruling rejecting shareholders' damages claims in two class actions, saying the decision correctly rejected their "conflation of materiality with loss".
The Full Court has found women-only social media app Giggle for Girls committed direct discrimination on the basis of gender identity by excluding a transgender woman from the platform and slapped its founder with aggravated damages for repeated misgendering during trial.
The Full Federal Court has dismissed an appeal in a class action over the government’s 2011 live exports ban, which will have consequences for the damages that can be awarded to cattle exporters.
Construction PRO
An appeals court has tossed a challenge to a judgment against Polyaire, the lessee of an industrial premises in Sydney, after a judge found the air conditioning wholesaler was responsible for a fire that ignited after pellets were left exposed to the rain and sun.
The High Court has found derivative crown immunity did not allow the NSW government to enter into alleged anti-competitive agreements when privatising two ports, disagreeing with a decision in a related case by the ACCC.
ASIC has lost its case alleging software company Nuix failed to publish corrective disclosures that contradicted the growth story presented to the market in a prospectus for its $1.8 billion float on the ASX.
The ACCC has won court approval to make submissions on relief in Fortnite game maker Epic Games' case against Apple, after a judge found the tech company misused its market power in the app marketplace.
Australia's richest person Gina Rinehart could be on the hook for millions of dollars in royalty payments, in a long-running battle over lucrative iron ore mining tenements in Western Australia's Pilbara region.