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Government brings $325M High Court challenge over generic Plavix ban
Alison Hammond 2023-08-31 4:18 pm By Cindy Cameronne

A 16-year battle between the federal government and drug maker Sanofi-Aventis over an allegedly unjustified court order that prevented the release of a generic version of blockbuster blood-thinner Plavix has gone to the High Court.

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Blue Sky director points finger at EY in shareholder class action
Accounting 2023-08-15 10:55 pm By Cindy Cameronne

A Blue Sky director has pointed the finger at auditor Ernst & Young in a class action alleging the collapsed investment firm misled shareholders by misstating its assets under management. 

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EY points finger at Blue Sky in shareholder class action defence
Accounting 2023-07-31 10:32 pm By Cat Fredenburgh

Auditor Ernst & Young has filed cross-claims against Blue Sky in a shareholder class action accusing the collapsed investment firm of misleading shareholders by misstating its assets under management.

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Sanofi defeats government’s $325M appeal over generic Plavix ban
Appeals 2023-06-26 4:00 pm By Cindy Cameronne

Drug maker Sanofi-Aventis is not liable for the federal government’s losses for excess subsidies paid for the blood-thinner Plavix after an allegedly unjustified court injunction prevented the release of a generic version of the blockbuster drug, an appeals court has found.

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Court OKs walk-away settlement with former RCR Tomlinson directors
Class Actions 2023-04-05 11:40 pm By Cat Fredenburgh

A judge has approved a walk-away settlement with two former directors of RCR Tomlinson in a shareholder class action against the failed engineering company.

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Slew of insurers targeted in Virgin bond holders class action
Class Actions 2023-02-24 4:51 pm By Cat Fredenburgh

A class action accusing Virgin Australia of failing to disclose its true financial position in a 2019 prospectus for a $324 million capital raising is seeking to join a slew of the airline’s insurers to the case.

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Walk-away settlement reached with directors in RCR Tomlinson shareholder class action
Alexander Edwards 2023-01-20 11:15 am By Cindy Cameronne

An investor class action against RCR Tomlinson has reached a walk-away settlement agreement with two former directors of the failed engineering company.

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Defamation, class action barristers among 20 new silks
Bradley Jones 2022-10-06 6:03 pm By Sam Matthews

Twenty barristers have risen to the ranks of senior counsel in New South Wales, including a veteran defamation barrister, two counsel with class action expertise and part of the team that saw ASIC’s claims against two Rio Tinto executives dropped.

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Arbitrator whose wife repped Gina Rinehart can hear family feud over mining assets
Anna Mitchelmore 2022-09-09 1:42 pm By Cindy Cameronne

An appeals court has refused a bid by Bianca Rinehart and John Hancock to block an arbitrator from deciding a long-running dispute over valuable mining assets, despite his wife having acted for Gina Rinehart in related proceedings.

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Babcock & Brown shareholders lose bid for re-trial over judge’s ‘pernicious’ delay
Appeals 2022-04-14 3:03 pm By Cindy Cameronne

The High Court has rejected a bid by shareholders of collapsed investment advisory firm Babcock & Brown for special leave to seek a re-trial of their cases alleging disclosure breaches because of the trial judge’s “excessive” three-year delay in delivering judgment.

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