The High Court has been asked to revive a class action over Sydney’s light rail construction and weigh in on whether litigation funders can claim their commissions as damages.
The former CEO of fintech iSignthis would need a loan to pay a $1.5 million penalty sought by the corporate regulator for breaches of directors duties, a court has heard.
The funder and law firm that ran a shareholder class action against Mayne Pharma are seeking deductions that would leave more than half of a $38 million settlement for group members.
Care A2 is set to miss the trial in its trade mark fight with rival A2 Milk after the baby formula company was ditched by its lawyers at Ashurst days ago.
Seven has won a suppression order over an ex-Spotlight reporter’s claim, with a judge finding that public access to the “colourful and embarrassing” claim could adversely affect mediation.
Vehicle maker Isuzu can’t shut down an $18 million suit by car alarm company Directed Electronics over a former employee’s alleged theft of trade secrets.
Novartis unit Sandoz is appealing a tribunal decision in favour of pharmaceutical company Lundbeck over a licence to sell a generic version of leading antidepressant Lexapro.
Bix Six firm Ashurst has dropped Care A2 as a client on the eve of trial in the dairy company’s long-running battle to quash rival A2 Milk’s trade marks.
The former CFO of Noumi has been hit with a $100,000 penalty and four-year ban for his involvement in the company’s continuous disclosure breaches, which a judge heard caused him to drink a bottle of wine every night.
The court has rejected Mastercard’s bid to appeal an evidentiary win for the ACCC in the regulator’s misuse of market power case against the payments giant.