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The Victorian Supreme Court has awarded a couple $145,000 in damages from a construction firm that denied them access to their brand new $5.8 million apartment and art gallery in Melbourne’s Eureka Tower for 130 weeks.
Divestiture saves $578M Bingo, Dial-a-Dump deal from trash heap
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The ACCC has signed off on waste management company Bingo’s proposed $578 million acquisition of waste collection and processing service Dial-a-Dump, with the regulator saying Bingo’s proposal to divest a waste processing facility alleviated its competition concerns.
Kelly O’Dwyer’s challenge to firefighter EBA could cause a ‘revolution’, FWC says
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An appeal by federal Minister for Jobs Kelly O’Dwyer for review of a decision approving an enterprise agreement she clams unlawfully discriminates against female firefighters by restricting employees from working part time could, if successful, be revolutionary, the Fair Work Commission said Wednesday.
Funder asks High Court to take another look at $64M Banksia settlement
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A litigation funder wants the High Court to review a court decision’s to approve a $64 million settlement in litigation over the failure of Banksia Securities while rejecting the funder’s commission and legal fees.
Lundbeck earned $51.7M in settlements with generic makers over Lexapro patent
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Danish pharmaceutical giant Lundbeck secured $51.7 million in settlements to end infringement litigation with three generic makers over its patent for the top-selling Lexapro, the company has revealed.
Litigation funders slugged with cost of jurisdictional battle over AMP class actions
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A state judge has ordered the litigation funders behind a group of federal class actions against AMP to pay the legal costs of their failed transfer applications, saying while he could not make the applicants pay, he could compel the funders to cough up the money.
Target, Baby Bunting pay fines for selling dangerous convertible strollers
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Target Australia and Baby Bunting have agreed to pay penalties totalling $53,000 after being caught selling and marketing unsafe convertible strollers, the consumer watchdog said Wednesday.
Otsuka can press ahead with ‘inconsistent’ defences in Abilify patent dispute
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Otsuka Pharmaceuticals and Bristol Myers-Squibb can retain their defences in an ongoing patent dispute over antipsychotic drug Abilify, after the Federal Court dismissed a strike out bid by the Commonwealth of Australia over the allegedly “inconsistent” pleadings.
Westpac unit RAMS breached franchise agreement, court finds
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Westpac-owned mortgage lender RAMS Financial Services breached a franchise agreement by failing to supply a Brisbane-based franchisee with information about nearby broker-originated customers, a judge has found.
Ex-PPB Advisory liquidator suspended for pilfering $800k
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A former PPB Advisory liquidator has had his licence suspended after a disciplinary committee found he acted dishonestly in transferring $800,000 from the account of a company in liquidation into a bank account he controlled.