BrisConnections’ receiver PPB Advisory has settled its $2.2 billion lawsuit against engineering consultant Arup, a court was told Monday.
Toyota has become the first car manufacturer to be hit with a class action in Australia over faulty Takata airbags, Quinn Emanuel said Monday, and six other automakers are next.
A Federal Court judge on Friday signed off on $100 million in settlements between Australia’s securities regulator and National Australia Bank Ltd. and Australia & New Zealand Banking Group Ltd. for attempting to manipulate the market for the bank bill swap reference rate.
Property manager Meriton Property Services violated the law by trying to keep guests at its properties from posting bad reviews on TripAdvisor, the Federal Court said Friday, a win for Australia’s consumer regulator in its first case over online reviews.
The Australian competition regulator has signed off on a bid by a post office industry group that represents Australia Post franchisees to collectively negotiate with Australia Post.
Citibank will provide refunds of $3.3 million to credit card customers for failing to refund them when their credit card accounts were closed with an outstanding credit balance.
A case brought by Australia’s consumer regulator against health insurer NIB Health Funds for allegedly violating consumer protection laws by making changes to its plans without first notifying members will head to trial June 6.
A judge on Wednesday cleared the way for Sydney-based college Unique International to pursue its appeal of a ruling in an ACCC case that found it violated consumer laws in marketing online vocational training courses, saying the time was not right for a hearing on relief.
The judge overseeing a case brought by Reckitt Benckiser against Aft Pharmaceuticals over its allegedly deceptive painkiller ads has temporarily blocked Aft from releasing ads that claim its Maxigesic painkiller is stronger than other paracetamol-ibuprofen combination drugs.
New Zealand has asked the country’s High Court to block Platinum Equity LLC’s bid to buy OfficeMax Holdings Limited, echoing concerns voiced by Australia’s competition regulator that the deal will hinder competition.