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The Australian Competition and Consumer Commission will not oppose the $23.6 billion takeover of Sydney Airport by an international consortium of investors, finding further consolidation is unlikely to lessen competition in a market which is already a "natural monopoly".
A former TechnologyOne executive has lost his application for special leave to appeal a judgment throwing out a $5.2 million bullying judgment in his favour, but has vowed to seek up to $25 million in a retrial against his former employer.
The Australia and New Zealand Banking Group has agreed to pay a $25 million penalty to resolve proceedings by the Australian Securities and Investments Commission alleging the bank short-changed hundreds of thousands of customers to the tune of $200 million.
The Australian Securities and Investments Commission has opposed BlueScope Steel general manager Jason Ellis’ request for court permission to manage another company, saying he should wait until the ACCC’s price-fixing case against him has been decided.
A former ANZ trader who alleges he was sacked for complaining about the bank's manipulation of the bank bill swap rate has lost his bid to view lawyers' notes taken during meetings over ASIC's investigation into the bank's conduct.
The liquidator of collapsed app-development firm Appster has filed a lawsuit against the company’s founders seeking $12 million in compensation for alleged insolvent trading.
Tech company Vehicle Management Systems has come up short in its third attempt to block competitor SARB Management Group's patent application for a magnetic parking overstay detector, with the Full Court rejecting claims that VMS' managing director should have been listed as the device's inventor.
The Port of Newcastle has largely won its High Court fight with mining giant Glencore over access fees and will now be able to set a higher price for use of the port's facilities.
Liberty Mutual Insurance does not have to indemnify dam operator Sunwater for its share of a $440 million settlement of the Queensland floods class action, the NSW Supreme Court has found.
Former Commonwealth Bank subsidiary Avanteos Investments Limited pleaded guilty on Wednesday to charging up to $700,000 in fees to hundreds of deceased superannuation fund members.