Events

An appeals court has found US drug maker Cosette could not rely on sales performance figures to justify its termination of a $672 million merger agreement with Mayne Pharma Group. 

Insurer IAG has argued Greensill investor White Oak failed to verify the existence of $140 million in receivables for fear the deal wouldn't go ahead -- conduct, it says, that was “redolent of a deal that is too good to be true”. 

Trading platform Plus500 has taken its challenge to an investor class action to the High Court, after an appeals court upheld a finding that an arbitration clause in its terms and conditions was unfair.

A judge has extended interim confidentiality orders in a Fair Work lawsuit against Atlassian, but lifted an injunction barring the tech company from performance managing the employee. 

The managing director of stockbroking firm Fortrend Securities breached privacy rules by sending an adviser's medical certificate to a client and saying he had a “nervous breakdown”, a tribunal has found. 

A judge has held that the former environment minister's finding that part of the McPhillamy's gold mine was heritage protected was invalid. 

A judge said Tuesday a costs referee’s report did not give an “adequate basis” for $13 million in fees sought by a law firm behind a settled class action against Qantas over COVID-era flight cancellations.

The ACCC has brought proceedings alleging a dozen egg producers allegedly engaged in cartel conduct by coordinating business decisions, in the first matter to allege violations of the concerted practices prohibition.

The corporate cop has asked a judge to hit the former CEO of collapsed budget airline Rex with an agreed $800,000 penalty for continuous disclosure breaches. 

An ASX shareholder has won an interim bid to file a derivative case against several former directors over its CHESS replacement project, but a challenge over whether the case can proceed is still on the cards.