A judge has found that representatives for forex broker Union Standard used unfair tactics to pressure customers to invest in risky financial products and derived most of their revenue from customer losses, said to total $83 million.
The court has rejected Mastercard’s bid to appeal an evidentiary win for the ACCC in the regulator’s misuse of market power case against the payments giant.
Super Retail Group can bring an appeal in its fight to suppress parts of a settlement two executives allege they reached after they were fired.
Super Retail faces a second Federal Court case by a former senior female executive, after conciliation proceedings in the Fair Work Commission failed to resolve the complaint.
Super Retail’s appeal of a decision refusing to suppress the terms of an alleged settlement with its former top lawyer raises important questions about without prejudice negotiations, a court has heard.
Mastercard is fighting an evidentiary win for the competition watchdog in a case alleging the payments giant misused its market power in deals with major retailers.
Waste company Aussie Skips and its boss have binned their appeal of a multimillion dollar penalty for a price-fixing plot with rival Bingo Industries.
Citing the significant time and costs invested in the litigation, the applicant in the second filed class action over the collapse of Quintis wants his half of a $4.37 million settlement with the sandalwood producer to fund ongoing costs in what remains of the case.
BlueScope Steel is seeking to overturn a record $57.5 million penalty for engaging in attempted price-fixing with flat steel distributors, telling an appeals court that it was simply trying to make its competitors understand “it was in their interests to price differently”.
A $13.5 million settlement has been reached in a Gadens-led class action against former Quintis director Frank Wilson, and the funder of a rival class action is preparing to seek a chunk of the sum in what a judge has called a “most unusual circumstance”.