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A judge has ordered ASIC to provide more detail in its case accusing personal lender ClearLoans of contravening the hardship provisions of the credit laws, in the regulator's first case related to the COVID-19 pandemic.
The Australian Securities and Investments Commission has dropped its investigation into trading firm Select Vantage, which brought an unsuccessful $10 million defamation suit against the regulator.
An appeals court has dealt Classic Bet and Best Bet a loss in their challenge to a $3.8 million judgment in a contractual dispute related to the $5.95 million acquisition of the sports gambling companies by Playup in 2018.
ASIC has successfully defended a $10 million defamation case brought by a Canadian trader, with a judge finding any loss experienced was due to his firm's traders manipulating the market.