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Personal lender ClearLoans and its parent company have been hit with $6 million in penalties for violating consumer credit protections laws, including by failing to respond to financial hardship notices from debtors during the height of the COVID-19 pandemic.
A third individual has been hit with criminal charges in relation to collapsed investment management fund Courtenay House, which ASIC alleges was run as a $180 million Ponzi scheme.
Herbert Smith Freehills has launched an international arbitration hub in Melbourne to service the firm's clients along the Asia-Australia corridor.
A judge has declined to stay a class action against BPS Financial, the issuer of cryptocurrency Qoin, in light of similar ASIC proceedings.
Petrol giant Ampol has reached a $157 million agreement with the Australian Taxation Office to resolve a long-running dispute over transfer pricing of goods between its Singaporean hub and Australian unit.
Fintech Tyro has agreed to settle a class action brought by retailers who were unable to process payments during a days-long EFTPOS outage in January 2021.
The High Court has agreed to weigh in on whether Mitsubishi can be sued over allegedly misleading fuel efficiency representations on a label affixed to the windshield of a Triton 4WD that was required by law.
The High Court will hear an appeal over whether real estate agent Biggin & Scott should be held liable for copyright infringement for its supposed "indifference" to the copying of real estate marketing platform Campaigntrack's source code by a developer.
The High Court has declined HarperCollins' special leave application seeking to appeal a decision that revived a psychiatrist's defamation case over a book about the controversial deep sleep therapy at the Chelmsford Private Hospital in the 1970s.
The Attorney-General has proposed an overhaul of Australia's privacy laws that would allow consumers to sue for Privacy Act breaches and bring in an EU-style right to be forgotten.