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Insurer IAG has provided a draft undertaking in the hopes of alleviating the ACCC's concerns that its $1.35 billion takeover of the RAC WA’s insurance operations would substantially lessen competition for certain insurance products in the state.
Hitting back at a class action's claims that it breached gambling laws with its 'fast code' betting, Sportsbet told a trial judge on Tuesday its representatons about the service were true, and that in any case punters weren't entitled to damages that didn't account for winnings.
A judge has rejected Domino's bid for a 30 per cent reduction in the costs it owes after losing an underpayments class action, saying the pizza chain will likely be on the hook for around $10 million in costs.
Sportsbet's 'fast code' betting system was not a genuine telephone betting service because customers had already transmitted information before making the call, according to a class action which argues punters would not have placed bets had they known the system was illegal.
A judge will approve deductions that will leave less than half of a $22.5 million class action settlement against two former CBA wealth management units left over for distribution to group members.
A class action against Harvey Norman over alleged useless product warranties wants the court to manage the discovery process after more than six months of disagreements, saying the company's corporate structure is opaque.
A banned financial advisor who is suing former employer AMP Financial Planning for alleged unconscionable conduct is seeking to join AMP Bank to the case, claiming it made fraudulent misrepresentations.
The ACCC should consider whether a pleading might be “more efficient” in its case against a debt collection agency that also brings "serious allegations" against an associated legal practice, a judge has said.
Testing lab ALS must hand over almost all of a McGrathNicol report into allegedly exaggerated coal testing results, after a judge found last year the company had waived privileged over parts of the report by referring to its findings in an ASX statement.
ASIC will press on with its case against defunct lender Oak Capital alleging the company's business model was designed to avoid consumer protections under the National Credit Code.