A Federal Court judge in Melbourne has slapped Australia and New Zealand Banking Group with a $5 million fine for failing to properly vet customers’ financial backgrounds when providing car loans.
The Australian Competition Tribunal has for a second time signed off on Tabcorp’s $11 billion merger with lotto giant Tatts, a deal the competition regulator fought hard to stop.
BrisConnections’ receiver PPB Advisory has settled its $2.2 billion lawsuit against engineering consultant Arup, a court was told Monday.
The judge overseeing a multibillion dollar consumer protection suit by the receiver of defunct toll road company BrisConnections against global engineering firm Arup has signed off on Brisconnections’ key expert report over the objections of Arup.
The Australian Competition and Consumer Commission will review the proposed $1.3 billion sale of milk processor Murray Goulburn Cooperative to Canada’s dairy giant, Saputo.
Cement Australia will have to foot most of the Australian Competition and Consumer Commission’s appeal bill, despite the regulator coming up short in its bid to have a penalty against the cement giant for alleged anti-competitive conduct increased by $80 million.
The Australian Competition Tribunal takes centre stage again this week in the long-running battle by wagering group Tabcorp to merge with lotto giant Tatts.
Five months after settling litigation with Herbert Smith Freehills over the poaching of eight partners — and just one month after the settlement’s anti-poaching restrictions expired — U.S.-based firm White & Case has celebrated its entrance into Australia with launch parties in Melbourne and Sydney.