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Biotech Regeneron and drug company Bayer have resolved their appeal of a ruling that allowed generic pharmaceutical manufacturer Sandoz to launch a version of top selling macular degeneration drug Eylea.
Sportsbet brings class action cross-claim to claw back winnings
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Sportsbet has launched a cross-claim in a class action alleging it provided unlawful in-play betting services, arguing that users of the contentious service should have to pay back their winnings if the lawsuit succeeds.
Fortescue, Element Zero reach settlement in trade secrets case
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After losing a fight over access to millions of seized documents, Fortescue has settled its trade secrets case against green iron company Element Zero.
Keystone director challenges liquidator’s $9M proof of debt rebuff
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The former director of collapsed Keystone Asset Manager — who is under the glare of the corporate regulator over the asset manager’s Shield fund — is appealing the rejection of a $9 million claim on the company.
Ceerose, Zone Q must remedy defects in Sydney apartment building
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An owners corporation has won orders requiring builder Ceerose and developer Zone Q rectify some defects in a Sydney apartment building, but failed to win work orders in relation to others.
Cushman & Wakefield fights back in managing director’s dismissal case
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Launching a cross-claim in a former managing director’s unfair dismissal case, commercial real estate broker Cushman & Wakefield wants orders for repayment of a $1.5 million bonus.
Labor, Greens strike deal to pass landmark environmental law reform
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Landmark federal environmental law reforms that will up penalties for environmental breaches and fast-track approvals for renewable energy projects are set to pass the Senate.
Court won’t toss Frankston golf club’s claims over $115M sale
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The purchaser of Frankston’s $115 million Peninsula Kingswood Country Golf Club has lost a summary dismissal bid, with the court calling out its “contrariness” as stymieing the case’s progress without real cause.
Northern Beaches wins challenge to approval of seniors living development
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A bid for approval of a seniors living complex on Sydney’s northern beaches has stalled after a court found a commissioner ignored mandatory considerations on the mistaken understanding that they conflicted with other planning requirements.
Defence firm EOS admits breaches in ASIC action, ex-boss goes to court
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Electro Optic Systems has admitted continuous disclosure breaches by failing to reveal a drop in its 2022 revenue forecasts, with ASIC filing a $4 million lawsuit against the defence firm and another against its co-founder.