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Sanofi challenges Amgen’s patents for cholesterol-lowering antibodies
French drug giant Sanofi has appealed a decision giving American biopharmaceutical company Amgen the go-ahead for its patents for a cholesterol-lowering antibody that could be used to treat heart disease, diabetes, stroke and Alzheimer’s.
Class action accuses Toyota of cheating on emissions tests
Toyota Australia has been hit with a class action on behalf of up to half a million owners of diesel-powered vehicles which allegedly contain diesel 'defeat devices' that allowed the car manufacturer to cheat on emissions tests.
Hillsong Church denies wrongdoing in whistleblower lawsuit
Hillsong Church has denied whistleblower allegations of extensive financial misconduct, claiming an employee was “not correct” to accuse the megachurch of funnelling donations through US bank accounts to skirt Australian charity regulations.
Shine hit with indemnity costs for ‘serious dereliction of duty’ in personal injury case
A judge has ordered Shine Lawyers to pay indemnity costs in a side dispute over an “objectionable” subpoena the firm issued five days before trial was set to start in a personal injury case over alleged sexual abuse at the Brisbane Youth Detention Centre.
Equity Trustees sues investment firm over currency hedge trades
Equity Trustees has sued asset manager Tactical Global Management seeking millions in compensation for losses allegedly stemming from over-hedging trades.
Cheese makers challenge Kraft’s ‘parmesan’ trade mark
A consortium of parmigiano reggiano producers who claim Kraft Foods' 'Kraft parmesan cheese' trade will lead customers to believe the food giant's cheese is made in Italy have taken their fight to the Federal Court.
The Star cops record $100M fine, licence suspension following damning report
The NSW gaming regulator has suspended the Star Entertainment Group’s casino license and handed it a $100 million fine after uncovering anti-money laundering breaches and “inherently deceptive” misconduct.
Judge’s comments on class action costs ‘hurtful’, law firm says
A law firm has lost its bid to appoint a costs referee after reaching a $5.8 million class action settlement with the On The Run convenience store chain, saying it was “hurtful” for a judge to suggest the firm wanted to “maximise its position” over group members.
James Mawhinney sues ASIC over ‘defamatory’ media release
Mayfair 101 founder James Mawhinney has sued the Australian Securities and Investments Commission and its deputy chair Sarah Court, alleging the corporate regulator defamed him in a media release issued last month.
ASIC issues stop orders on Holon crypto funds pitched to retail investors
The corporate regulator has placed interim stop orders on three crypto funds distributed by Holon Investments Australia Limited, citing the need to protect investors from sinking money into funds that may be too risky and speculative.