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Former director of fintech iSignthis, John Karantzis, plans to appeal a ruling that slapped him with a $1 million penalty and disqualification orders for allegedly providing misleading information to shareholders.
Novartis’ last ditch bid to block Entresto generic fails
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The High Court has rejected Novartis’ plea that it overturn a ruling that found an extension of the term of the patent for its heart drug Entresto was invalidly granted.
A&O Shearman picks up leading Ashurst disputes partner
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Global heavyweight A&O Sherman is expanding its disputes capacity in Australia, recruiting the head of Ashurst’s Perth disputes practice.
High Court to hear developer Mayfield’s appeal in case against NSW Ports
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Mayfield Development has been granted the High Court’s leave to make its argument that derivative Crown immunity does not apply to NSW Ports, in a seven-year-old competition case.
Zuleika Gold waived privilege over report in fight over gold joint venture, judge says
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Gold exploration company Zuleika Gold has to produce a draft technical report to Vango Mining as it seeks “significant damages’ over a repudiated joint venture agreement, with a judge finding an affidavit from its solicitor put the report squarely in issue.
Sunshine Loans’ case over judge’s recusal to be heard by High Court
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The High Court will hear an appeal by Sunshine Loans, which centres on a judge’s recusal in the corporate regulator’s case over unauthorised fees.
Optus faces privacy regulator’s case over data breach
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The privacy regulator has brought a case against Optus over a 2022 data breach that affected up to 10 million people, as the telco faces a class action and related proceedings by the media regulator.
iSignthis, director hit with $11M in penalties in ASIC case
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A judge has handed iSignthis and its director $11 million in penalties for failing to give adequate disclosures and giving misleading information to the ASX, saying reliance on legal advice was no reason to reduce the fine.
Santos wins $690M against Fluor over Gladstone LNG project
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Energy giant Santos has won a dispute over its Gladstone LNG project, described by a court as “litigation on a monumental scale”, securing a $692 million judgment against engineering firm Fluor with the help of four silks.
Planning law doesn’t bar jurisdictional review bid to Supreme Court, judges say
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IGA can pursue its Victoria Supreme Court challenge to a decision allowing up to four supermarkets to operate in Shepparton, with an appeal bench finding the court can review planning decisions for jurisdictional error.