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Suspecting infringement of patents for its Parkinson’s drug, Xadago, biopharmaceutical company Newron has won preliminary discovery of documents from generic drug maker Arrotex Pharmaceuticals.
Group members to get half of $110M BHP shareholder class action settlement
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The funder and law firms that ran a shareholder class action against BHP over the collapse of the company’s Samarco Fundão dam in Brazil will seek approval for deductions that will see half of the $110 million settlement go to group members.
Arada’s Australian boss can’t shut down vote on his termination
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The managing director of the Australian arm of property developer Arada has lost his bid to bar a vote on his termination as he and the group’s CEO sling allegations of misconduct and dishonesty.
BGC wins stay of orders to remove Iplex pipes, can’t delay reviews
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Two units of builder BGC have won a stay of building remedy orders to re-pipe homes fitted with faulty Iplex piping while they appeal the orders, but have lost a bid to adjourn the appeals.
Frasers wins costs for suit that lawyers, judge said was a ‘bad idea’
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Owners of apartments in Sydney’s One Central Park have been ordered to pay Frasers’ costs in defending a suit that sought declarations in relation to defective planter boxes on the building’s façade.
Former JLL industrial execs take publisher to court after sacking
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Two sacked executives of JLL’s industrial division have filed court action against the publisher of The Australian over articles they say had a “devastating” impact on their reputations and cost them up to $15 million.
Colliers acquires Adelaide-based engineering consultancy
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Global real estate investment giant Colliers has boosted its presence in South Australia by acquiring a leading Adelaide-based urban development consultancy.
Isuzu’s appeal falls short in trade secrets spat with Directed Electronics
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Isuzu has lost an appeal bid to shut down a lawsuit by car alarm company Directed Electronics over alleged trade secrets theft, after an earlier case left it with a $169 million damages bill.
ASIC wins OK to pursue case against Solve My Debt despite liquidation
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The corporate cop has won court approval to proceed with a consumer suit against debt manager Solve My Debt, despite the company falling into liquidation.
Barry Nilsson raids DLA Piper to scale up insurance practice
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Barry Nilsson has executed on its strategic growth agenda with the recruitment of six new principals and their teams from DLA Piper in a major boost to its insurance and health practice.