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Biotech company Cryosite has agreed to a $1 million settlement for losses resulting from legal advice received in relation to a merger agreement that left the company facing $1.05 million in penalties for engaging in cartel conduct.
Bellamy's has lost its appeals court battle to limit the costs incurred by lawyers jointly running two shareholder class actions against the baby food maker.
Facebook and Instagram have denied allegations they breached Australia's competition law when they terminated the accounts of a Melbourne-based startup, saying they were entitled to block the company from their platforms.
Ariosa Diagnostics has asked the Full Federal Court to hear its challenge to a ruling that its Harmony prenatal test infringed Sequenom's patent for a prenatal genetic test, saying the court's judgment was attended by "sufficient doubt".
An Adelaide-based wine exporter which was fined $352,000 for infringing three trade marks of a Treasury Wine Estates unit has been ordered into liquidation by the Victorian Supreme Court.
A judge has ordered a group of banks facing a competition class action over alleged foreign exchange rate-rigging to hand over documents they produced as part of settlement agreements in class actions in the US and Canada.
The Full Federal Court is set to hear appeals in four class actions in the August sitting, giving the court a chance to address important issues, including cost-capping in joint class actions and security for costs in unfunded cases. Here, we give you the run-down on each of the upcoming challenges.
US investment manager State Street Global Advisors claims it lost out on royalties when Maurice Blackburn commissioned an allegedly infringing replica of its iconic Fearless Girl statue in New York City, a marketing phenomenon that has been estimated to be valued at up to $38.6 million.
A judge on Friday asked the corporate regulator why it delayed action against former Murray Goulburn managing director Gary Helou and CFO Bradley Hingle until two years' after the consumer watchdog brought its case against the pair.
Former Tennis Australia director Harold Mitchell has told a court that the corporate regulator had to be dragged "kicking and screaming" to produce documents in its enforcement action over alleged breaches of directorial duties involving negotiations for the Australian Open broadcast rights.