Industries

Generic drug maker Sun Pharma has succeeded in invalidating Otsuka Pharmaceutical’s patent for an injectable, controlled release form of the Japanese drug maker's top-selling antipsychotic Abilify.

The development management company behind the $2.7 billion STH BNK project, which was placed in administration last week, owes creditors -- including lawyers, consultants and designers -- over $100 million.

Ahead of an eight-week trial in an investor class action in July, ratings agency S&P has lost its bid to throw out the entirety of the expert evidence in the case.

The heirs of iron ore magnate Peter Wright have won a bid to haul their brother Julian to court to question him about the identity of the funder who backed his unsuccessful case against them in a dispute over their father’s estate.

The Albanaese government has announced it will ban foreign investors from buying established homes for two years and also take steps to crack down on land banking.

Lawyers will struggle to hold providers of legal artificial intelligence services liable for negligence but the situation may change as the technology becomes more sophisticated, experts have told Lawyerly. 

The developer of a suite of Holiday Inn Express hotels has succeeded in its appeal of a ruling that laid bare privileged material connected to its lawyers' bills.

Lendlease has resolved its challenge to a valuation for the site of its $3.1 billion luxury development One Circular Quay, located between the Harbour Bridge and the Sydney Opera House. 

Mineral Resources confirmed Thursday managing director Chris Ellison will be replaced following a disclosure scandal detailed late last year, but no new penalties will be imposed.

A second law firm has lodged class actions against Coles and Woolworths on the back of the consumer regulator's claims that the supermarket giants' discount campaigns were misleading.