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Mastercard struck deals with retailers to avoid EFTPOS ‘competitive threat’, ACCC says
Mastercard made ‘strategic’ agreements with large retailers like Coles and David Jones to keep them from routing through EFTPOS, offering discounted exchange rates that left smaller businesses footing the bill, the ACCC told the court on the first day of trial.
‘A natural fit’: Ashurst, Perkins Coie partnerships approve tie-up
The partnerships of Ashurst and US firm Perkins Coie have voted to approve their merger, paving the way for the creation of a powerhouse firm with 3,000 lawyers across 23 countries with ambitions to lead the way on AI.
Reject Shop class action pleading error can be fixed, not backdated: Full Court
The Full Court has found that a pleading error in an underpayments class action against The Reject Shop which left it empty of group members can be fixed but that the amended pleading cannot be backdated.
Pitcher Partners sues novated leasing business over $1.3M fee
Pitcher Partners has taken a former client to court, alleging it failed to pay a $1.3 million 'abort fee' after it withdrew from a proposal to sell the business. 
Construction PRO
MinterEllison partners predict spike in claims from Victorian SOP Act reforms
MinterEllison's market-leading construction team is readying for a jump in claims stemming from reforms to Victoria's Security of Payment Act and navigating 'crisis contracting' for clients amid ongoing conflict in the Middle East -- and with a new partner soon to join its ranks, the firm is ready for the challenges.
Error costs Hino class action firm further cut to $87M settlement share
A self-disclosed error in modelling by the law firm that ran a class action against Hino Motors has cost the firm an even deeper cut to its payout than the $6 million lopped off its settlement share last year.
Construction PRO
IFM prepared to mop up Dexus shares, take 45% stake in APAC, court told
Institutional asset manager IFM Investor was ready to sweep up Dexus' shares in Melbourne Airport operator APAC under a forced sale process triggered by a default notice for alleged confidentiality breaches, a court heard Tuesday.
Construction PRO
Heran Group’s appeal fails in payments spat over $128M beachfront development
Queensland developer York Property has lost its appeal of a ruling that held an adjudicator erred in finding $4.7 million in costs over alleged façade defects should be deducted from amounts owed in a payments spat with a builder Tomkins. 
Construction PRO
Court trashes DOCA for Descon-Adcon entities, clears way for investigations
A deed of company arrangement for three companies associated with developer Descon-Adcon has fallen apart after former boss Danny Isaac failed to make a $5 million contribution required under the rescue plan. 
Judge questions merits of class closure in J&J cold meds class action
A judge hearing a class action against J&J over allegedly ineffective cold medications has questioned the merits of soft class closure in large consumer cases where participation is likely be low, just days after another judge raised similar concerns in a case against Toyota.