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Judgment is expected next week in the Australian Competition and Consumer Commission's case against Pacific National alleging the rail company made an anti-competitive bid for Aurizon's Acacia Ridge Terminal and intermodal freight business.
AFT Pharmaceuticals has accused rival Reckitt Benckiser of using the court as a "clearance house" to beat its competitors, the latest development in a long-running dispute over AFT's Maxigesic ads.
AFT Pharmaceuticals has agreed to a court order temporarily restraining it from distributing point of sale material containing updated claims that its painkiller Maxigesic is more effective than other over-the-counter medications.
The Australian Competition and Consumer Commission has dropped its claims of collusion against rail freight companies Pacific National and Aurizon, as the trial in its competition case wraps up this week.
Majority shareholders in MWL Financial have won court approval to bring a derivative suit against US-based Focus Financial Partners over an acquisition gone sour.
Pacific National would not misuse its market power after taking control of an important rail terminal in Brisbane because that would be "irrational", the Federal Court heard Monday at the start of a two-week trial in the competition watchdog's case alleging the rail giant colluded with competitor Aurizon to become the dominant operator of key freight corridors.
Liquidators for the collapsed Hastie Group will pursue test cases against two construction companies in their legal fight against more than two dozen major builders over tens of millions of dollars in unpaid bills, but an application is looming to halt the proceedings pending the outcome of a High Court challenge.