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Otsuka Pharmaceuticals has asked the High Court to overturn a decision revoking its Abilify patent extension, saying the ruling, which limited the extension-of term scheme to active substances only, will “lead to a groundswell of court proceedings”.
A judge has ordered the lead applicant in a failed class action against Queensland utilities Stanwell and CS Energy, which was slated to be worth $1 billion, to pay $32.4 million in costs.
Construction PRO
King & Wood Mallesons has lost a seasoned M&A partner with expertise in real estate and infrastructure deals to Gilbert + Tobin.
A judge has removed a liquidator from the winding up of a Victorian cabinetry business, finding he failed to act honestly by settling unfair preference claims with tax agencies without disclosing key information.
A bid by the Victorian Liberal Party to summarily toss a challenge to a $1.5 million advance made to former leader John Pesutto for defence costs in a defamation suit has failed, with a court finding there is a case to be tried about the validity of the loan.
Class action settlements hit major milestones last year, with the year’s largest settlements totalling $1.6 billion and one case resolving for a historic $548.5 million.
Former political staffer Bruce Lehrmann has taken his fight against a civil finding that he raped colleague Brittany Higgins to the High Court.
Construction PRO
Builder Leda Constructions has lost its bid for injunctions that would prevent the principal in a $4 million building contract from calling on two bank guarantees worth $101,553 each.
Pointing to a pattern of non-compliance with his orders, a judge hearing a shareholder class action over the collapse of mining company Cudeco has expressed concerns about “significant" delays in the case.
The judge overseeing a whistleblower suit by the former head of recycling at Neometals has chastised the executive for using ChatGPT to prepare an unsuccessful stay application.