Latest Corporate Legal Disputes News

Mayne Pharma has initiated legal proceedings against Cosette Pharmaceuticals and associated parties, seeking substantial damages following the collapse of their acquisition deal.

Assetora Limited has received a statutory demand for nearly $1 million from Specialised Investment and Lending Corporation, which it is vigorously disputing and legally challenging.

Mayne Pharma has rejected Cosette Pharmaceuticals’ notice to terminate their merger agreement, citing Cosette’s failure to meet obligations that led to regulatory approval issues. The dispute raises fresh uncertainty over the proposed acquisition’s future.

Jatcorp Limited reported a $6.9 million net loss for FY25, hit by a trademark dispute in China that suspended key product sales. Despite setbacks, the company is accelerating new channel growth and product innovation to regain momentum.

Gas2Grid Limited is on the cusp of securing three key service contracts in the Philippines, aiming to revive its exploration activities despite looming ASX delisting. Meanwhile, its legal battle in France continues to unfold.

Bowen Coking Coal Ltd has been hit with a $6.8 million statutory demand from contractor BUMA Australia, raising the spectre of insolvency if unresolved within 21 days. The dispute centers on claims and counterclaims involving liquidated damages.

FAR Limited has been formally hit with a $6 million claim from Woodside Energy related to unrecoverable petroleum expenditures in Senegal, raising questions about potential financial exposure.

Mayne Pharma has firmly rejected Cosette Pharmaceuticals’ assertion of a Material Adverse Change that could derail their acquisition scheme, insisting the deal process continues as planned.

NuCoal Resources has strongly condemned the NSW Premier’s refusal to compensate for losses tied to the 2014 cancellation of its Doyles Creek exploration licence, signaling a protracted battle ahead.