Industries

Grand Ridge Plantations has lost an appeal seeking to halve the official valuation of its Gippsland timber forest, with a court finding that the trees on the land must be included in its assessed value.

The Full Federal Court has upheld a decision revoking Otsuka Pharmaceuticals’ patent extension for an injectable version of antipsychotic drug Abilify, finding the patent expired last year.

New Zealand-based pipe manufacturer Buteline has been added to a case seeking damages over the installation of allegedly defective water pipes in a residential building in the Northern Territory.

Engineering firm CIMIC has sold off half of its transport business, UGL Transport, to a Japanese company for $500 million, as it looks to expand into new markets. 

A parliamentary committee has said the Victorian government must release all evidence supporting the demolition of 44 public housing towers in Melbourne, some of which are the subject of a dismissed class action that is being appealed.

Law firm Allens is behind the recent sale by Pamoja Capital of a majority stake in UniLodge to Japanese property developer Samty.

James Hardie is fighting a bid to amend a shareholder class action over the building materials giant's 2023 income forecasts, telling the court it doesn't understand the “new case”.

Nine wants indemnity costs against celebrity surgeon Munjed Al Muderis, claiming his defamation case over reports critical of his promotion of an experimental procedure, which the court found were substantially true, was an abuse of process.

A law firm that was set to argue that two firms formed an anti-competitive agreement in cooperating to run an ad tech class action against Google has dropped its appeal of its failed bid to run the representative case.

Facebook owner Meta has argued the Australian Competition and Consumer Commission has “misallocated responsibility” in its three-year-old case over scam cryptocurrency ads on the social media platform.