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Samsung hit with $14M penalty for misleading Galaxy waterproof claims
Competition & Consumer Protection 2022-06-23 1:53 pm By Cat Fredenburgh

Samsung Australia has been slapped with a $14 million penalty for running ads that misrepresented that its Galaxy smartphones could be used in pool and […]

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Property developer Sasha Hopkins to face ASIC grilling
Real Estate 2022-06-03 5:13 pm By Sam Matthews

Embattled property developer Sasha Hopkins will face a compulsory examination by the Australian Securities and Investments Commission over the activities of his company A Team […]

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Unpaid Mills Oakley bill shows funder’s foe unable to pay, court told
Class Actions 2022-05-31 1:36 pm By Christine Caulfield

The litigation funder facing a lawsuit by the applicant in a class action it financed is demanding security for legal costs because it says the […]

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Full Court ruling on MIS regime may not resolve funding issues in RFG class action, court hears
Class Actions 2022-04-01 4:54 pm By Cat Fredenburgh

A case before the Full Court that will revisit the question of whether class actions are managed investment schemes may not resolve all of the […]

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Abandoned IVF clinic merger no win for ACCC, judge says
Competition & Consumer Protection 2022-03-01 4:54 pm By Christine Caulfield

The ACCC got what it wanted when IVF providers Virtus Health and Healius terminated a proposed $45 million merger, but it wasn’t a win, a […]

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Mayfair slapped with $30M fine after judge finds ASIC penalty ‘insufficient’
Financial Services 2021-12-22 10:10 am By Miklos Bolza

Beleaguered investment group Mayfair 101 will have to pay a $30 million penalty after a judge found a $12 million penalty proposed by ASIC was […]

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Under ACCC scrutiny, IVF provider Virtus drops $45M Adora acquisition
Corporate 2021-12-17 3:52 pm By Christine Caulfield

IVF company Virtus Health has withdrawn its offer to acquire rival Adora Fertility from Healius, citing the competition regulator’s opposition to the takeover. Weighing the […]

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IVF provider Virtusā€™ confidentiality claims ‘border on ridiculous’, judge says
Competition & Consumer Protection 2021-11-03 9:02 pm By Cindy Cameronne

A judge has rejected part of IVF provider Virtus Healthā€™s bid for redactions in a recent decision from the court temporarily blocking the company from […]

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Injunction extended in ACCC’s challenge to Virtus’ acquisition of Adora
Corporate 2021-10-25 3:13 pm By Cindy Cameronne

The Australian Competition and Consumer Commission has won an injunction to stop Virtus from completing the purchase of rival Adora Fertility until a court has […]

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Virtus ‘author of its own fate’ if Adora acquisition fails, judge says
Competition & Consumer Protection 2021-10-19 9:30 pm By Cindy Cameronne

IVF provider Virtus Health would be ā€œthe author of its own fateā€ if its proposed acquisition of rival Adora Fertility flopped, a judge has said […]

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