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A Melbourne pawnbroker is facing a class action over alleged “unjust transactions” involving loans that were given in exchange for customers’ sentimental items and with annual interest rates equivalent to 480 per cent.
A judge has extended an injunction against a NSW man who published material on social media allegedly leaked by a former Tesla employee about its self-driving software, saying the electric vehicle giant had a case on its face against him.
Honda has admitted that it owes compensation to a Melbourne car dealer for a deliberate breach of contract following its decision to ditch a dealership model in Australia, but argues a $22 million damages claim by the dealer needs a "reality check".
Beach Energy is fighting a bid to adjourn a fight about security for costs in a shareholder class action until the firm that's running it has more favourable evidence of its debt financing position, saying the application is “doctrinally unprecedented.”
Slater & Gordon is seeking summary dismissal of a case brought by a shareholder over the plaintiff firm's takeover by private equity firm Allegro, saying it is not the right target for the claims.
Mining giant Clive Palmer has asked the High Court to hear his challenge to a court's finding that lawsuits he brought challenging two criminal cases against him over a takeover bid and payments to his political party were themselves an abuse of process and should be stayed.
The ACCC’s rejection of a $4.9 billion merger between ANZ and Suncorp was hardly surprising given the concentrated nature of the home loans market, but the competition regulator faced an uphill battle in having the decision upheld, an expert says.
The ACCC’s decision to block a $4.9 billion merger between ANZ and Suncorp has been set aside, with a tribunal finding the transaction will not substantially lessen competition in the home loans market or for agribusiness and SME clients in Queensland.
A judge has ordered Seven Network to pay $35,000 to a man who said he was defamed by the broadcaster, finding that he “spat towards” but not at the alleged rape victim of rugby league footballer Jarryd Hayne.
National Australia Bank has lost its bid to shield a case by a Melbourne gold bullion dealer after a judge said one of the bank’s arguments for suppression had “the air of a Kafka novel”.