Companies

The Federal Court has dealt US drug giant Merck Sharp & Dohme a devastating blow, overturning an "untenable" patent term extension which would have protected the monopoly of its multibillion-dollar Januvia and Janumet diabetes drugs beyond July 2o22.

The applicant in a class action on behalf of hundreds of thousands of Colonial First State Investments customers has raised concerns about whether he can recover compensation from a CBA life insurance unit that was recently sold to a competitor.

A former Maurice Blackburn lawyer set to give evidence in a suit against Qantas was not “deliberately avoiding” the trial with an extended hospital stay, but “better evidence” was needed for why he was admitted, a judge has said.

Westpac has released further details of its fraud claim against Bill Papas, founder of the Forum Group of Companies, painting a picture of an elaborate scheme to misappropriate $254 million to buy real estate, jewellery, luxury cars, racehorses and European football teams.

Baker McKenzie has been accused of negligence in a cross claim by Chinese lender Aoyin, which faces a lawsuit by accounting giant PricewaterhouseCoopers for unpaid fees over advice related to a failed bid to launch a bank in Australia.

ABC reporter Louise Milligan has agreed to pay $79,000 to settle a defamation case by Liberal party MP Andrew Laming over what he called spiteful and accusatory tweets, but the agreement does not include an admission of liability, a court heard on Wednesday.

Commonwealth Bank’s head of governance has hit her employer with a lawsuit claiming she was threatened with termination for making complaints that the governance team was chronically under-resourced, overworked and had a high attrition rate.

The Full Federal Court took a "radical" and unorthodox approach with far-reaching consequences by keeping Apple's competition dispute with Fortnite game maker Epic Games in Australia, the Silicon Valley giant has told the High Court.

A high roller with a severe gambling addiction has taken Crown Melbourne to court, alleging the casino’s “predatory” practices caused him to lose more than $4.5 million over three and a half years.

The Federal Court has given the greenlight to a $30 million settlement in Shine Lawyers' insurance class action against Westpac and will allow post-settlement registration notices to be sent to group members.