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Third time unlucky: Mortgage firm loses another bid to stifle derivative suit over Macquarie sale
An appeals court has dismissed a third attempt by directors of mortgage aggregator Connective Group to stifle a shareholder’s derivative lawsuit over a restructure that allowed the sale of 25 per cent of its business to Macquarie Bank.
Clive Palmer’s co. faces setback in winding up battle over Queensland time-share scheme
A judge has refused to separately hear an application by a Clive Palmer-controlled company to wind up a time-share scheme at Queensland's Palmer Coolum Resort, describing the bid as an attempt by the company to avoid making admissions about its conduct, which allegedly resulted in the "death of the resort".
Mark Elliott’s firm appeals costs ruling in Treasury Wine class action
A firm owned by solicitor Mark Elliot has launched an appeal challenging costs orders made against it in a stayed class action against winemaker Treasury Wine Estates.
Landowners above Sydney Metro tunnel can claim compensation before digging complete
Landowners above the Sydney Metro underground tunnel will be allowed to claim compensation before construction is complete, with a court also preparing to consider potential compensation for any reduced development potential.
InterPharma loses bid to invalidate Pfizer’s Precedex patent
Global pharmaceutical giant Pfizer has successfully defended the patent for its sedative drug Precedex against a validity challenge, a big win for the drug maker after a US court found last year that its patents for a ready-to-use version of the drug were invalid for obviousness.
Judge crushes Monster Energy’s opposition to monster wheel trade marks
A judge has allowed a company associated with leading tyre retailer Bob Jane T-Mart to register three trade marks for its brand of Monster alloy wheels, dismissing claims from US energy drink giant Monster Energy that allowing the registration would lead to confusion.
Investors can’t revive class action over Octaviar collapse
An appeals court has tossed a challenge to the dismissal of an investor class action against the Public Trustee of Queensland over a failure to predict the 2008 collapse of Gold Coast-based finance group Octaviar, finding that the class had run a case based on allegations outside of its claims.
Hundreds of privileged advice docs accidentally disclosed in Radio Rentals class action
Lawyers for Radio Rentals are trying to take back hundreds of potentially privileged documents in a consumer class action over the company's ‘Rent, Try, $1 Buy’ program, after they were accidentally disclosed as a result of an IT redaction error.
Grand Theft Auto modder confident of defence in Take-Two copyright case
A developer of what's now being called the "Infamous Mod" for video game Grand Theft Auto, which gives players extra powers, is confident he can defend the copyright case brought against him by Take-Two Interactive and its subsidiary Rockstar Games.