Recycling company Sims Metal Management has responded to a shareholder class action ahead of a hearing on Tuesday, denying it breached its continuous disclosure obligations and partially placing the blame for any losses at the feet of group members.
A judge has dismissed an application by an Australian-Chinese law firm for access to documents from a competitor — including addresses of clients — in a case alleging its rival published a defamatory message on the WeChat network.
A Sydney franchisee who claimed he sunk more than $160,000 into two swim schools that were never built has lost his case for damages against troubled franchise Jump!, as it faces ongoing questions from the consumer watchdog.
A proposed Novartis patent for an oral form of its top-selling multiple sclerosis drug Gilenya is invalid for lack of inventive step, IP Australia has found, but gave the pharmaceutical giant a chance to amend.
Oil exploration company Paltar Petroleum will be wound up after a judge rejected a proposed deed of company arrangement as containing “too much uncertainty”.
A Chicago jury has ordered an Australian maker of ugg boots to pay US-based footwear company Deckers Outdoor US$450,000 ($643,000) in damages for infringing the company’s trade mark.
Two female academics who made complaints of bullying against the head of La Trobe University’s law school and were named in his legal action against the university over his subsequent suspension have lost a bid to keep their identities under wraps.
Private construction company Hutchinson Builders has resolved a lawsuit it brought against the Australian Competition and Consumer Commission seeking to quash what it called an invalid notice to produce documents to the regulator, which has vowed to bring cases against the construction industry this year.
A judge has dismissed an application by the Australian Securities and Investments Commission to investigate two Sydney-based liquidators, saying the regulator had failed to prove its suspicions about the pair.
A judge has consolidated two shareholder class actions brought against chain logistics company Brambles by Slater & Gordon and Maurice Blackburn, despite the rival firms failing to reach an agreement on the terms of the consolidation following a judge’s criticism of the class action “beauty parade”.
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