The Australian Competition and Consumer Commission will review the proposed $2 billion acquisition of Sydney’s WestConnex toll road by the Sydney Transport Partners Consortium for potential competition concerns.
Auditing firm Pitcher Partners has filed its defence in a class action accusing it of wrongly signing off on Slater & Gordon’s financial reports, denying responsibility for alleged material misstatements that investors say they relied on to their detriment.
Netgear will provide refunds after misleading customers about remedies available to them on purchasing faulty products, another win for the ACCC even as the consumer regulator fights a recent court ruling over the extent of companies’ remedy disclosure obligations.
A bill introduced this week seeks to crack down on misleading ads by broadband providers, a practice that recently landed broadband providers Telstra and Optus in hot water with Australia’s consumer regulator.
The Transport Worker’s Union of Australia is challenging a $270,000 fine in a case brought by the union monitor alleging it kept almost 21,000 lapsed members on its register and failed to keep copies of records.
The Bank of Queensland has reached a settlement close to trial in a class action brought by investors in a multi-million dollar Ponzi scheme masterminded by jailed scammer Bradley Sherwin.Ā Ā
The CFMEU has a “deplorable record” of breaking industrial legislation, a Federal Court judge said Monday as it slapped the union and a Victorian delegate with a $105,000 fine for enforcing a closed union construction site in Melbourne.
Australian company Vittoria Food & Beverage has won its challenge to a patent application for a coffee pod system filed by a unit of global food giant Mondelez International.
The High Court of Australia will tackle the question of whetherĀ injured plaintiffs in tort cases are entitled to damages for the future loss of superannuation and the age pension.
It might be in the glare of a government inquiry, but business is booming for Australian litigation backer IMF Bentham, which values its current caseload atĀ $4.7 billion.