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Activist short seller Bonitas to face ‘unprecedented’ legal action
Agricultural fund manager Rural Funds Group has briefed a top-tier law firm to bring “unprecedented” legal action against US company Bonitas Research, after the activist short seller accused the group of fraud and sent its share price plummeting.
Norwegian shipping company hit with criminal cartel charge
Norway-based shipping company Wallenius Wilhelmsen Ocean AS has become the third international shipper to be charged with price fixing in Australia, just three weeks after Japan's K-Line was hit with a record $34.5 million fine over the same alleged cartel.
Ariosa appeals loss to Sequenom over prenatal genetic test patent
Ariosa Diagnostics has asked the Full Federal Court to hear its challenge to a ruling that its Harmony prenatal test infringed Sequenom's patent for a prenatal genetic test, saying the court's judgment was attended by "sufficient doubt".
Firms to consolidate AMP super class actions, and funders put commission in court’s hands
A judge overseeing competing class actions against AMP over allegedly excessive superannuation fees has signed off on an agreement by two rival law firms to consolidate their cases, avoiding a potentially costly and drawn out beauty parade.
AMP beefs up legal team for superannuation class action
AMP has added two law firms to separately represent its subidiaries in one of two class actions alleging it charged its superannuation members excessive fees.
Court to hear a2 Milk trade mark appeals together
The Federal Court will hear two high-stakes trade mark appeals by the a2 Milk Company together, after IP Australia delegates found two marks containing "a2", which is a protein found in cow's milk, were not inherently adapted to distinguish its products.
Crown settles Sydney Harbour views dispute with NSW
Crown Resorts and Lendlease have settled a dispute with the NSW government over access to unblocked harbour views from the $2.2 billion Crown Sydney Hotel Resort currently being constructed in the city's Barangaroo area.
ASIC up to its ears in investigations post-royal commission
The Australian Securities and Investigations is making up for lost time, ramping up its investigation and litigation efforts following a blistering critique by the banking royal commission of its soft enforcement approach.
Law firms to compete for more than $1 billion in government work
The federal Attorney-General has unveiled a new system for the allocation of more than $1 billion in external legal services to the Commonwealth government over the next five years, with just two Australian law firms approved in every practice area.
A2 files another court challenge after ‘a2 milk’ trade mark rejected
The a2 Milk Company has launched a second court challenge in as many months to a ruling from IP Australia, after rival Lion Dairy successfully opposed its bid to trade mark the phrase a2 milk.