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Allianz loses fight with Probuild over $1B West Side Place development bonds
Allianz 2022-11-24 3:05 am By Sam Matthews

Insurer Allianz has lost its bid to claw back millions in performance bonds provided to collapsed building company Probuild in relation to works at a $1 billion development in the Melbourne CBD.

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Purdue unit sued over patent extension for opioid Targin
Healthcare 2022-11-24 11:53 pm By Cindy Cameronne

Australian pharmaceutical company AUPharma has sued the international arm of Purdue, alleging it was wrongly granted patent extensions for several oxycodone products marketed as Targin. 

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Court tosses Equivac horse vaccine class action against Zoetis
Christopher Barry 2022-11-23 12:23 pm By Sam Matthews

A judge has dismissed a class action brought against animal health giant Zoetis over alleged side effects resulting from its Hendra virus horse vaccine, finding there were “too many uncertainties” in the applicant’s evidence.

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Judge doubts law firm gave ‘full and frank advice’ on fees in Drake’s class action
Adero Law 2022-11-23 11:08 pm By Sam Matthews

Keeping up her scrutiny of fee disclosures by Adero Law in employment class actions launched in her court, a judge has questioned whether the law firm breached its fiduciary duty to the lead applicant in litigation against Drakes Supermarkets.

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Fintech Block Earner latest target of ASIC’s crackdown on crypto
ASIC 2022-11-23 10:03 pm By Christine Caulfield

Fintech company Block Earner has been hit with enforcement action by the corporate regulator alleging it sold crypto asset products without a licence and operated an unregistered managed investment scheme.

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$1M penalty against NQ Cranes over cartel agreement gets court’s OK
ACCC 2022-11-23 5:20 pm By Cat Fredenburgh

A judge has approved a $1 million penalty against Queensland crane company NQ Cranes for engaging in a conspiracy with a multinational rival to divide the Brisbane and Newcastle markets.

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WA government will try to snuff out Clive Palmer’s $30B lawsuit
Alexander Law 2022-11-23 5:45 pm By Cindy Cameronne

The West Australian government has flagged a bid to scuttle mining magnate Clive Palmer’s latest lawsuit claiming he can sue the state for up to $30 billion over mining tenements in the Pilbara.

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Class action targets Mercedes-Benz over diesel emissions cheating
Automotive 2022-11-22 8:58 am By Christine Caulfield

Mercedes-Benz is the latest car maker to face a class action in Australia over alleged defeat devices designed to manipulate the results of regulatory diesel emissions testing.

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PwC partner sued over alleged involvement in husband’s $3.3M fraud scheme
Advertising 2022-11-22 10:02 pm By Sam Matthews

A PricewaterhouseCoopers partner has been taken to court over her alleged involvement in a $3.3 million scheme to defraud her husband’s employer to bankroll the couple’s lavish lifestyle, which included a $200,000 Porsche and extensive renovations to their Sydney home.

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Class action woes mount for Toyota unit Hino over emissions cheating
Automotive 2022-11-22 9:29 am By Christine Caulfield

Already facing one Australian class action for cheating on diesel emissions tests, Toyota unit Hino is the subject of a fresh class action probe announced Tuesday.

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