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ASIC narrowly loses High Court appeal in outback book-up case
The Australian Securities and Investments Commission has narrowly lost its High Court appeal of a ruling that found the owner of a South Australian outback general store had not acted unconscionably by selling used cars through a "book-up" system.
Shareholder class action against Sirtex settles mid-trial
Sirtex Medical has reached a mid-trial agreement to resolve a shareholder class action that centred on the biotech company's sales forecasts of its radiation treatment.
Kraft, Bega to go another round in epic peanut butter trade dress battle
The long-running dispute between Kraft Foods and Bega over who owns the rights to use the signature Kraft peanut butter trade dress in Australia is not over, with Kraft appealing a ruling that found Bega had acquired the rights to the trade dress when it purchased Kraft unit Mondelez's Australian and New Zealand business in 2017.
Judges shoot down last-minute bid to amend Adani native title appeal
A group of Indigenous Australians opposed to Adani's Carmichael coal mine in Queensland have lost an eleventh hour bid to add extra grounds to their native title appeal, as they wait for a decision from the Full Federal Court.
Ex-Hastie Services CEO says nothing ‘dodgy’ about orders to close earnings gap
The former chief executive officer of Hastie Services has admitted to asking staff to make up for a shortfall between forecast and actual profits at the firm, but claims he made the order with the expectation it would be done legally, the jury hearing a criminal case against him was told.
Key witness in Hastie Services execs’ trial pointed the finger to save herself, jury hears
A former finance manager from Hastie Services and key witness for the prosecution in the criminal trial against two of the company's former executives only pointed the finger at former COO Ian Thompson to avoid jail time herself, a jury has heard.
Novartis appeals IP Australia decision invalidating MS drug patent
Novartis has launched an appeal following a ruling by IP Australia that a proposed patent for an oral form of its top-selling multiple sclerosis drug Gilenya is invalid for lack of inventive step.
Class action by sailors over broken Navy training contract revived on appeal
An appeals court has overturned a decision dismissing a class action on behalf of enlisted Navy sailors alleging the Commonwealth of Australian breached a contract to train them to earn engineering degrees.
Ex-Hastie Services CEO ordered ‘raid’ on balance sheets to make up targets, court hears
The former CEO of a unit of collapsed construction firm Hastie Group told staff to "raid the balance books" to make up financial targets linked to his bonus, prosecutors said at the outset of a two-month criminal trial.
Maurice Blackburn gets second shot at pursuing class action against BHP
Maurice Blackburn has partly prevailed in an appeal of a judge's decision to put the brakes on its shareholder class action against BHP while greenlighting a competing case brought by Phi Finney McDonald, with an appeals court ordering the rival law firms to negotiate a deal to consolidate their litigation.