Biologics company Cryosite has denied claims by the ACCC that it engaged in cartel conduct by referring customers to Cell Care before their asset sale agreement was completed, saying the two were not competitors.
Private equity firm Adcock has won almost $1 million in a judgment against the former boss of Aussie Home Loans, Stephen Porges, who was found to have misled the firm over the profitability of shares in a digital commerce startup he wanted to offload.
Facing the possibility of more class actions related its use of allegedly toxic firefighting foam at military bases throughout Australia, the Commonwealth has turned to one of the country’s largest firms for its defence in the two most recently filed cases.
Discount supermarket chain Aldi offered $150,000 to end a lawsuit brought by the maker of the popular MoroccanOil line of hair products, a court judgment revealed Tuesday.
Aussie swimwear company Seafolly Pty Ltd and global logistics company Seko have agreed to settle their dispute over a shipping agreement that went south.
Microsoft has won a $2.8 million judgment against a Melbourne computer retailer for violating the intellectual property for its Windows 7 software.
Westpac will pay $35 million to settle a case brought by ASIC alleging the bank breached responsible lending laws through its automated home loan system, the largest civil penalty ever awarded under the National Credit Act.
The judge overseeing lawsuits by the ACCC as well as multiple class actions against Volkswagen AG over the Dieselgate scandal has ordered the car maker to provide the names of executives who were responsible for the development of the emissions cheating software.
A second class action has been filed alleging GST was improperly charged on apartment sales in the ACT.
The law should be altered to make unfair contract terms illegal, ACCC Chair Rod Sims says, and the regulator plans to use its clout to push for the change.