A 16-year battle between the federal government and drug maker Sanofi-Aventis over an allegedly unjustified court order that prevented the release of a generic version of blockbuster blood-thinner Plavix has gone to the High Court.
A class action against Virgin Australia has become a lawyers’ feast, with seven new firms entering the ring after a dozen insurers were joined to the action alleging the airline failed to disclose its true financial position in a $324 million capital raising prospectus.
A judge has approved a $5 million settlement in a false imprisonment class action against the state of Victoria on behalf of residents of nine public housing towers over COVID-19 lockdowns, despite noting it “falls towards the lower end of the spectrum”.
A Blue Sky director has pointed the finger at auditor Ernst & Young in a class action alleging the collapsed investment firm misled shareholders by misstating its assets under management.
Dell Australia has been ordered to pay a $10 million penalty for making false and misleading representations about the discount prices of add-on computer monitors.
Telstra and TPG will not challenge a decision by the Australian Competition Tribunal to uphold the ACCC’s rejection of their proposed regional network sharing agreement.
A PricewaterhouseCoopers partner may launch defamation proceedings against the professional services firm over two press releases which he says falsely linked him to a tax leaks scandal in an attempt to “offer scapegoats” to the public.
A PricewaterhouseCoopers partner has won his lawsuit against the professional services firm over his forced dismissal, with a judge finding the decision breached a partnership agreement and that the firm had acknowledged the partner did not misuse confidential ATO information.
AMP has set aside $50 million in its financial statement for the first half of 2023 to cover potential liability in a class action won last month by financial advisers over the wealth manager’s buyer of last resort policy.
Troubled professional services firm PwC has lost two partners to law firms Corrs Chambers Westgarth and DLA Piper.