A judge has promised the parties in the Sydney Opal Tower class action that the matter will be “resolved expeditiously”, despite the plaintiff’s concerns that cross-claims by the defendant and procedural timeframes will cause delays.
Australian logistics company Linfox has taken its $45 million fuel tax credit challenge to the Full Federal Court, arguing its trucks are being over-taxed on major toll roads across the country.
The NSW Independent Liquor & Gaming Authority will hold a public inquiry with the powers of a royal commission to examine James Packer’s proposed sale of Crown Resorts shares to gaming mogul Lawrence Ho’s Melco Resorts & Entertainment.
The competition regulator has raised concerns about Bis Industries’ proposed acquisition of Cougar Mining Group, saying the threat of new competitors appeared unlikely to significantly constrain the combined company.
Westpac and two of its subsidiaries have been hit with a $1.5 million penalty by the Australian Prudential Regulation Authority for failing to meet their reporting obligations.
The Australian Competition and Consumer Commission has raised concerns about a proposed acquisition by Canadian dairy producer Saputo of competitor Lion Dairy’s cheese processing plants, saying the deal could substantially lessen competition in Tasmania.
Construction giant Lendlease has filed its defence in one of two shareholder class actions filed against it, saying any losses investors allegedly suffered were wholly or partly due to their own failure to take reasonable care.
The Australian Competition and Consumer Commission has won its bid for a year’s worth of financial statements from Viagogo, after successfully arguing the online ticket reseller’s financial position was needed to determine an appropriate penalty for its violations of the Australian Consumer Law.
Online healthcare platform HealthEngine is facing legal action by the Australian Competition and Consumer Commission, accused of hiding 17,000 negative reviews, altering thousands of other reviews and selling patient’s personal data to insurers.
The Australian Energy Regulator has launched legal action against energy giant AGL and three wind farm subsidiaries over a statewide blackout in South Australia three years ago.