The High Court has unanimously found the Federal Court has no power to allow solicitors to take a cut of a settlement or judgment in a shareholder class action against Blue Sky, saying it would be contrary to rules against contingency fees in NSW.
Mayne Pharma has denied US drug maker Cosette’s claims it breached its continuous disclosure obligations in relation to US FDA concerns about marketing for its Nextstellis contraceptive, as the drug makers spar over their $672 million merger.
A court has heard US drug maker Cosette may amend its case to accuse Adelaide’s Mayne Pharma of continuous disclosure breaches in their battle over the termination of their $672 million merger.
A judge has allowed Charter Hall to respond to developer Pro-Invest’s expert evidence in a case claiming $100 million in damages for the lost opportunity to build a 26-storey hotel in the Sydney CBD.
Global law firm Baker McKenzie has poached a Corrs Chambers Westgarth special counsel to join the firm’s Melbourne-based employment law practice.
A defects class action against Ford, which has been on foot since 2016, might end up at the High Court for a second time, a court has heard.
The judge who tossed a class action by Quintis’ shareholders should have found a restatement of assets would have materially affected the sandalwood company’s share price “as a matter of common sense”, a court has been told.
The Full Court has rejected ASIC’s appeal of a ruling that fintech Finder did not need a financial services licence to sell its defunct cryptocurrency product, saying the product did not involve a debt for money.
The legal watchdog’s latest case against the owners of a Melbourne law firm — part of countless “collateral” proceedings between the parties — should be fixed for a final hearing ASAP, a judge has said.
A court has knocked back online merchandise importer New Aim’s trade secrets case against a former employee who gave the contact details of the company’s suppliers, stored on his personal phone, to a competitor after jumping ship.