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A class action over S&P’s rosy ratings on risky financial products faces a preliminary fight over the relevance of expert evidence that seeks to prove fraud on the part of the ratings agency.
MONA’s Ladies Lounge wins court battle to exclude men from art installation
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The Museum of Old and New Art has won its bid to exclude men from its ‘Ladies Lounge’ exhibit, which a judge found promoted equal opportunity by providing a “flipped universe”.
Olam Agri offers to divest Queensland Cotton gin to acquire Namoi Cotton
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Olam Agri Holdings has offered to divest its Queensland cotton gin and a 20 per cent holding in a leading Australian cotton classing company to win approval for its takeover of Namoi Cotton.
IP sole practitioner makes the leap to Dentons
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A founder and former principal at a Sydney intellectual property firm has made the switch to Dentons, filling out the firm’s Australasian patents team.
Merivale reaches new class action settlement after first deal scrapped
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Hospitality giant Merivale has reached a revised settlement in an employment class action, five months after the lead applicant’s unusual move to renege on an earlier deal.
Judge questions Dentons’ claim of ignorance of alleged search for dirt
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A judge on Thursday queried counsel for Dentons on the law firm’s defence to claims by an ex-partner that Australian chair and CEO Doug Stipanicev initiated a search for evidence of misconduct.
EnergyAustralia hit with $14M penalty for misleading consumers about prices
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In a first, EnergyAustralia has been ordered to pay $14 million for breaching the Electricity Retail Code by misleading customers about prices.
AI next big issue in construction, says new Colin Biggers & Paisley partner
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The construction industry is bracing for new risks brought about by the use of artificial intelligence in design and planning of large projects, says a new partner at Colin Biggers & Paisley.
Class action over $85M Clydesdale development loses injunction bid
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A class action by frustrated buyers over the $85 million sale of a Sydney development has failed to prevent the sale of lots, with a judge finding the class action’s claims lack evidence.
Biotech files new patent suit against Samsung Bioepis over Crohn’s drug
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Samsung Bioepis can’t get indemnity costs from Janssen Biotech after it surrendered patents for Crohn’s disease drug Stelara and filed a fresh case based on new patents for the drug.