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A shareholder and creditor of failed energy company Armour Group will have to front $3.5 million in security in its case against law firm Baker McKenzie and others ahead of an upcoming trial.
Novartis appeals IP win for Pharmacor over blood pressure drug
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Pharmaceutical giant Novartis is challenging the loss of its case against Sydney-based generics company Pharmacor over a patent for heart medication Entresto.
Allens advises on green bank’s $1.9B investment in Transgrid projects
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Allens has advised Clean Energy Finance Corporation on a $1.9 billion investment in two Transgrid projects, one of which will connect Snowy Hydro 2.0 with Sydney and regional NSW.
Pinsent Masons nabs lawyers from DLA Piper, Norton Rose
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Pinsent Masons has hired two special counsel to boost its corporate and planning and environment practice areas.
GPT Group to increase stake in Highpoint Shopping Centre for $205M
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Property fund manager GPT Group has announced it will increase its stake in Melbourne’s Highpoint Shopping Centre to 25 per cent in a $204.6 million transaction.
Sportsbet faces class action over ‘fast code’ betting service
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Sportsbet is facing a class action alleging it provided an unlawful in-play online betting service, with punters looking to recoup their losses from the gambling operator.
Hytera launches High Court challenge in IP dispute with Motorola
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Radio manufacturer Hytera wants the High Court to hear its appeal of a finding that it misappropriated Motorola’s source code in a case of “substantial industrial theft”.
Star negotiating with investors to save Queen’s Wharf development
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Embattled casino giant Star Entertainment is reportedly negotiating with key Hong Kong based investors to save the Queen’s Wharf entertainment district project in Brisbane.
NSW housing infrastructure to get $182M boost
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The Albanese government will inject over $182 million into infrastructure projects in regional and metropolitan growth areas in New South Wales as part of its plan to “unlock” over 25,000 new homes in the state.
Judge rejects ‘hopeless’ appeal over Latitude Financial data breach
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A self-represented customer of Latitude Financial has lost his bid to challenge a decision throwing out his data breach lawsuit against the non-bank lender after he defaulted on court orders.