On the first day of trial, a court has heard a class action over alleged negligent management of water flowing through the Murray Darling system is a “world away” from a climate change class action that recently failed at trial.
Former director of fintech iSignthis, John Karantzis, plans to appeal a ruling that slapped him with a $1 million penalty and disqualification orders for allegedly providing misleading information to shareholders.
The High Court has rejected Novartis’ plea that it overturn a ruling that found an extension of the term of the patent for its heart drug Entresto was invalidly granted.
Global heavyweight A&O Sherman is expanding its disputes capacity in Australia, recruiting the head of Ashurst’s Perth disputes practice.
A judge has handed iSignthis and its director $11 million in penalties for failing to give adequate disclosures and giving misleading information to the ASX, saying reliance on legal advice was no reason to reduce the fine.
US firm Jones Day is growing its Brisbane office, snagging a partner from Ashurst for its labor and employment group.
Private equity firm Goldstone has lost its bid to lodge an appeal before damages are determined, after a judge found it invalidly terminated its managing director’s employment for standing in the way of a deal with her business partner’s son.
The NSW Independent Planning Commission failed to consider the local impact of climate change when approving the expansion and extension of MACH Energy’s Mount Pleasant coal mine, an appeals court has ruled.
The judge in a class action against KPMG and ex-Arrium directors has made soft class closure orders, but chosen the longer period offered by the defendants, saying the risk of locking out unregistered members was no reason to pick an “unrealistically early” date to re-open the class.
An Aboriginal corporation joined to Regis Resources’ fight against a decision related to its McPhillamys gold mine wants a costs capping order, concerned the mining company could otherwise “police” its conduct in the case.