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The Kingdom of Spain is keeping up its fight against the enforcement of two arbitration awards putting it on the hook for paying two investment companies $375 million.
Insolvency relief not enough to hold back potential ‘tsunami’ of company failures
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Measures to relax insolvency and bankruptcy laws to stem a possible wave of COVID-19 company collapses will not achieve their goal — and if Australia enters a European-style lockdown it won’t be a wave of insolvencies, it will be a tsunami, Lawyerly has been told.
Juno halts planned sale of Velcade generic in settlement with Millennium, US
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Generic drug maker Juno Pharmaceuticals has agreed to stopped planned sales of its cheap version of Millennium Pharmaceuticals anti-cancer medication Velcade in Australia as part of a settlement of its lawsuit alleging two patents covering the drug were invalid.
HWL Ebsworth faces potential workplace claim for keeping lawyers in office
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HWL Ebsworth is keeping its offices open and requiring lawyers and staff to work at their desks despite updated government health advice, a decision that exposes the law firm to potential liability for workplace health and safety breaches, an employment expert says.
Bitter dispute: Australian Olympic Committee hits beer maker with IP suit
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The Australian Olympic Committee has taken a local microbrewery to court for allegedly violating its intellectual property by featuring the AOC coat of arms on its products and packaging without permission.
‘One hearing and two interlocutory judgments have achieved precisely nothing’: Judge scolds parties in Parklea Market dispute
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A judge has criticised the parties in a land sale dispute over Sydney’s Parklea Markets for failing to make progress to bring the case to a close, almost three months after a $4.25 million judgment was awarded to a company owned by local retail personality Con Constantine.
Coronavirus claims first retail victim as Tigerlily files for administration
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Australian swimwear retailer Tigerlily has filed for voluntary administration, citing unfavourable conditions for retailers as the coronavirus pandemic shutters all but non-essential services in major states.
Monsanto faces third class action, as fight to lead litigation escalates
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A fight to lead a class action against Monsanto over its allegedly cancer-causing weedkiller Roundup is on foot, with a third class action soon to be filed against the chemical giant.
ASIC to shift regulatory priorities amid pandemic
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The Australian Securities and Investments Commission will continue its enforcement activities amid the spread of the coronavirus but will prioritise cracking down on behaviour that threatens “immediate consumer harm”.
DLA Piper admits to breaching disclosure obligations in $466,000 costs dispute
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A dispute over approximately $466,000 in unpaid legal costs has been sent to the Victorian Supreme Court after DLA Piper admitted it breached its disclosure obligations to a client in a patent case over a laser safety system.