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Hearing implant manufacturer Cochlear has been hit with a shareholder class action alleging its FY26 profit forecast failed to disclose challenges in its business.
Cement Australia has appealed a decision allowing Boral to amend its patent for a lower carbon cement, after losing its argument that the changes would broaden the scope of the patent.
Insurance Australia Group said Friday it had settled the $2.8 billion claims of Credit Suisse over the collapse of supply chain financier Greensill Capital.
An appeals court has tossed Maurice Blackburn’s challenge to a judge’s decision to cut its share of an $87 million settlement in a class action against Hino by $10 million.
Construction PRO
Renewable energy company Windlab has secured federal environmental approval for two Queensland wind projects, one of which is set to supply power to mining giant Rio Tinto.
Construction PRO
A director of collapsed developer Lion Property Group is seeking to set aside a default judgment which he says would leave him on the hook for $35 million in damages.
Coles can't file more expert evidence in its fight over the ACCC's rejection of its purchase of a leasehold interest in a Kalgoorlie site, with a tribunal finding the supermarket had a chance to respond to the ACCC's "novel" harm theory.
Slater & Gordon has avoided calls for $6.5 million in security in its class action against Star Entertainment, with a judge saying the evidence fell well short of establishing a risk the firm could not foot the bill if it loses.
The ACCC has opposed Insurance Australia Group's planned $1.35 billion acquisition of RAC Insurance of Western Australia, despite a five-year undertaking by IAG.
Game maker Light & Wonder is facing off again in court against rival Aristocrat, which it recently paid $190 million to for alleged trade secrets theft, seeking discovery to suss out whether it has a patent revocation case.