Events

The Takeovers Panel has found Cosette cannot close a Mayne Pharma drug manufacturing plant in Adelaide, another win for Mayne in its push to block the US drug maker from walking away from their $672 million merger.

Plaintiff firm Margalit Injury Lawyers has escaped a client's bid to revive his negligence suit, with an appeals court finding the firm was protected by advocate’s immunity. 

Developer Villawood has lost a bid to add its director’s three daughters to a lawsuit over an alleged "dishonest and fraudulent design” to divert valuable management fees for a development in Wallan, Victoria.

A judge has handed a builder a win in a dispute over a $16 million development in Double Bay, finding that the parties had made no agreement to withdraw a payment claim.

London City Equities has reached a settlement with listed firm Excelsior in a case alleging shareholder oppression over a decision to sell off a subsidiary for $101 million and not distribute the proceeds.

Keybridge Capital has filed a lawsuit against E&P Investments seeking $1.7 million in compensation over the allegedly unfair conversion of almost 40,000 URFPA units held in E&P’s New York real estate investment fund as part of a share buyback program. 

A developer has lost a $18 million dispute with the Victorian revenue office over duties for purchasing the Alphington Paper Mill, which it plans to develop into a new mini-suburb with 2,500 homes. 

Mining Services International is taking a $1 billion dispute over the terminated sale of a mine in Bahia to the High Court, after the receiver for Brazilian mining company Atlantic Nickel won a bid to stay the case.

University of Sydney staff members who claim a professor unlawfully “named and shamed” them as pro-Israel have lost their bid to continue their racial discrimination case as a class action, while the university has lost a summary dismissal bid in a similar case.

The developer of a 17-storey social housing in Greenborough, Victoria has filed a lawsuit against Melbourne developer Alpha14 Property Group seeking declarations that it has no interest in the property.