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Poppy processor Palla Pharma has agreed to pay $1.125 million to rival Tasmanian Alkaloids t0 settle a lawsuit alleging infringement of two innovation patents for high codeine-concentrated poppy.
The Australian Competition and Consumer Commission is appealing the dismissal of its case over Pactific National's purchase of Aurizon's Acacia Ridge Terminal in Queensland, challenging the Federal Court's power to accept Pacific National's last-minute promise to ensure access to the major freight terminal by competitors.
Indonesian national airline Garuda is appealing a $19 million price-fixing fine, the second largest penalty in the ACCC's decade-long global cartel case over air cargo price-fixing.
Malaysia Airlines has reached a settlement with five Australian families whose loved ones were killed when flight MH17 was shot down over eastern Ukraine by a Russian missile five years ago.
Two lawyers that recently left the intellectual property boutique where they worked for a combined 40 years to set up their own firm are now facing a courtroom battle with their former employer.
An appeals court has dismissed a third attempt by directors of mortgage aggregator Connective Group to stifle a shareholder’s derivative lawsuit over a restructure that allowed the sale of 25 per cent of its business to Macquarie Bank.
AMP is a facing a second class action for allegedly charging excessive fees on more than two million superannuation accounts, setting up another potential class action beauty pageant.
A judge has fined an Aboriginal art and souvenir supplier a total of $2.3 million after ruling that the Queensland-based company, which is now in liquidation, misled consumers about the origin of its products.
We have been told for so long that the volume of class action litigation continues to increase at a rapid rate, thus requiring significant legislative intervention, that the title of this piece may (legitimately) prompt at least some readers to check if today is the 1st of April. But this is no April Fools’ Day prank.