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The liquidators of the offshore oil company that ran the LamCor oil field off the coast of Darwin have won more time to seek funding to pursue claims against the Commonwealth.
Noviqtech to acquire company tackling AI-related carbon emissions
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Sustainability reporting technology company Noviqtech is set to acquire biochar carbon dioxide removal company Coralia, which aims to mitigate AI-related carbon emissions.
Police search powers ‘incompatible with human rights’: court
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The declaration of Melbourne’s CBD as a location permitting random searches was “incompatible with human rights”, a judge found Friday, although she tossed a related constitutional challenge.
Ashurst hires partners for disputes, employment teams
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Ashurst has snagged two partners to grow the firm’s disputes team in Melbourne and its employment practice in Brisbane.
‘No remorse’: McInnes Wilson sued by former equity principal
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The former director of the family law practice at McInnes Wilson has filed a suit seeking over $53,000 in redundancy pay, claiming his resignation was not “voluntary” and that the firm has shown “no remorse” for its alleged contraventions.
Platinum Asset insider trader sentenced to six years in prison
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An investment manager has been sentenced to six years in prison after accessing confidential information from the computer of Platinum Asset Management’s chairman about a takeover offer and using the intel to trade in shares.
Court to hear Parramatta Eels’ case against Zac Lomax within weeks
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A court has agreed to hear the Parramatta Eels’ case against former player Zac Lomax on an expedited basis, as the club seeks to enforce a contractual term keeping him off the list of rival teams after an unsuccessful mediation with the Melbourne Storm.
AstraZeneca sues Pharmacor over plan to launch generic diabetes drug
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AstraZeneca has sued Pharmacor over its plans to list a generic version of blockbuster diabetes drug Forxiga on the PBS, but the drug maker will have to defend the validity of the patent, which was struck down by a UK court last year.
Full Court takes red pen to ‘delegates’ clause in workplace awards
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The Full Federal Court has scrapped orders by the Fair Work Commission limiting the rights of workplace delegates in various awards, finding the commission acted outside of its power following changes to the Fair Work Act.
Ho Bee Land buys Queensland development site for $318.5M
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A subsidiary of Singapore-based developer Ho Bee Land has purchased a 181-hectare master-planned site at Elimbah, Queensland, from a Goldfields-led syndicate for $318 million.