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$28M settlement in Arnold Bloch Leibler class action to get court’s OK
A judge will approve a $28 million settlement resolving a class action against Arnold Bloch Leibler over advice the law firm gave to Slater & Gordon ahead of a disastrous acquisition. A 28 per cent commission for the case's funder will also get the court's nod.
Bayer tries to revive patent term extension for contraceptive drug
Bayer says the patents office was wrong to quash an extension for its patent covering an oral contraceptive on the grounds that its application should have been based on a drug with an earlier approval date.
Probuild administrators look to forestall ‘nightmarish’ construction delays
Administrators for building giant ProBuild have won more time to examine its assets as they try to avoid the "nightmarish prospect" of costly delays to the company's projects.
Abandoned IVF clinic merger no win for ACCC, judge says
The ACCC got what it wanted when IVF providers Virtus Health and Healius terminated a proposed $45 million merger, but it wasn't a win, a judge has said in mostly denying the regulator's bid to recover the costs of its court challenge to the deal.
Landmark class closure judgments ‘plainly wrong,’ appeals court told
Judgments shooting down a class closure order and nixing notice of a possible class closure order were "plainly wrong" and "infected" by faulty reasoning, the Full Federal Court has heard.
Maurice Blackburn appropriated Fearless Girl statue for ‘gender equality credentials’, court told
Law firm Maurice Blackburn deliberately appropriated the iconic Fearless Girl statue in order to promote its own gender equality credentials, the Full Federal Court has heard.
ACCC faces tough questions in appeal of NSW Ports competition case
An appeals court grilled counsel for the ACCC on the first day of a hearing challenging the dismissal of its case over a NSW government deal to privatise two ports, calling on the lawyer to spell out how the state was alleged to be in competition with the consortium that took over the ports.
CBA class action preps for class closure nod from Full Court
Lawyers leading a class action against the Commonwealth Bank over its alleged money laundering compliance failures are getting their ducks in a row in the event the Full Court rules the court has the power to shut out unregistered group members from a class action.
IP Australia puts kibosh on extension for Bayer’s contraceptive patent
IP Australia has quashed an extension for a patent covering a Bayer oral contraceptive, saying the extension should have been calculated based on a drug that was included on the Australian Register of Therapeutic Goods at an earlier date.
Deloitte report on Mercedes-Benz fixed-price model was ‘spin’, court hears
Australian Mercedes-Benz dealers behind a $650 million lawsuit over the car maker's decision to move to a fixed-price agency model allege the car maker engaged Deloitte as a consultant so it could "spin" its real reasons for making the change.