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AstraZeneca resolves Crestor patent spat with Generic Health
Pharmaceutical companies AstraZeneca and Generic Health have laid down their swords in a long-running patent dispute over AstraZeneca's cholesterol drug Crestor, two-and-a-half years after the High Court of Australia found the patent obvious and invalid.
Shine confident it can defend shareholder class action
Publicly traded law firm Shine Lawyers has assured investors it can wage a successful defence against a $250 million class action claiming the firm misled shareholders about the value of ongoing business activities.
Online course stole US company’s copyright, judge says
A judge ruled Wednesday that online educator TalentMed violated the copyright of educational materials prep company Career Step when it "cut corners" and lifted text to create a competing course.
Reckitt Benckiser to feel pain of GSK’s costs in Nurofen case
Reckitt Benckiser has been ordered to pay all of GlaxoSmithKline's legal bill after a judge found the drug giant misled consumers with claims that Nurofen was a more effective pain killer than its rival's Panadol.
ACCC ready to tackle competition in finance sector
The Australian Competition and Consumer Commission said it is well positioned to investigate competition in the financial sector, in response to a recent report calling for a dedicated financial services competition regulator.
Takata airbag class actions to balloon following mandatory recall
The class actions against car companies over defective Takata airbags are expected to dramatically grow after the first-of-its-kind mandatory recall announced by the government Wednesday.
Drink, drugs & a dodgy investigation can’t save a coal miner’s job
Alcohol, anti-depressants and the common use of bad language at the Illawarra coal mine did not excuse a sacked miner's threatening and expletive-laced phone calls to colleagues, the full Fair Work Commission has found.
FWC tosses Qantas appeal over worker classification
Qantas Ground Services has lost its challenge to the Full Fair Work Commission in a dispute with the Transport Workers Union over the classification of the company's commissionaires, a small group of employees who transport disabled and elderly passengers between terminals.
ACCC to review $2B Sydney toll road deal
The Australian Competition and Consumer Commission will review the proposed $2 billion acquisition of Sydney's WestConnex toll road by the Sydney Transport Partners Consortium for potential competition concerns.
Slater & Gordon auditor denies blame for investors’ loss
Auditing firm Pitcher Partners has filed its defence in a class action accusing it of wrongly signing off on Slater & Gordon's financial reports, denying responsibility for alleged material misstatements that investors say they relied on to their detriment.