Mayne Pharma Awarded $13.27M in Legal Costs from Cosette
Key points
- Mayne Pharma awarded $13.27M in legal costs
- Success in proceedings against Cosette
- Court judgment delivered in favor of Mayne Pharma
Full summary
Mayne Pharma Group Limited has been awarded $13,269,328.04 in legal costs by the Supreme Court of New South Wales, following its success in proceedings against Cosette Pharmaceuticals, Inc. The court dismissed Cosette's claims and ordered it to pay Mayne Pharma's legal costs from the Termination Proceedings, plus interest.
Outlook
Mayne Pharma anticipates further orders from the court regarding interest, payment timeframe, and associated costs.
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