The NSW government has lost its bid to strike out paragraphs related to a claim for exemplary damages in a class action alleging police conducted strip searches at music festivals as a matter of routine.
Australian cancer care company GenesisCare has been sued by Novartis unit Endocyte for allegedly infringing the patents for its prostate cancer treatment Pluvicto. The lawsuit, filed in the Federal Court in January, accuses GenesisCare of infringing or threatening to infringe patents held by Endocyte and Purdue Research Foundation by supplying lutetium, the generic version of…
Origin Energy has been hit with a class action alleging it breached its continuous disclosure obligations and misled the market in its earnings guidance for the 2022 and 2023 financial years.
A judge has approved a $20 million settlement in a class action against NAB, despite initial concerns about the “moral hazard” of paying fees incurred by the applicant’s former lawyers to prepare “sub-optimal pleadings”.
Collapsed Melbourne developer Steller has failed to convince a court that its founders and two former directors owe $101.9 million, with a judge rejecting claims that they personally guaranteed the company’s debt.
An appeals court has found water infrastructure investor Conexa liable to pay land duty on a $46 million Sydney pipeline it acquired as part of a blockbuster deal with Rosehill.
An appeals court has tossed a challenge to a judge’s decision that found a property developer was required to return a $1.3 million loan, despite finding the judge erred in holding enforceable an agreement reached over email.
A court has refused to order the applicant in a failed class action against NULIS Nominees to pay indemnity costs, but has confirmed that so-called Calderbank offers can operate in group proceedings.
In tossing the sixth securities class action to go to trial in recent years, a Federal Court judge has shown the task of proving shareholder loss is a doozy.
A Perth magistrate who wanted to sit solely on the Children’s Court has had her challenge knocked back again on appeal, with the Full Court finding court heads can allocate magistrates as necessary.