Australia, Aug. 21 -- New South Wales Land and Environment Court issued text of the following judgement on July 21:
1. By Originating Process filed on 4 June 2025, the Plaintiff, Mayne Pharma Group Ltd ("MPG") seeks declarations that a notice of a material adverse change issued by the First Defendant, Cosette Pharmaceuticals, Inc. ("Cosette") was not validly issued and that Cosette did not validly terminate a Scheme Implementation Deed ("SID") dated 20 February 2025 by a purported termination notice sent by Cosette to MPG on 4 June 2025. The basis of that claim is in turn set out in MPG's Concise Statement filed on 4 June 2025 and Cosette and the Second Defendant, Cosette Australia Bidco Pty Ltd (together, "Cosette Parties") filed their Re...