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Visa has resolved a lawsuit by a fintech founder alleging it misused its market power by banning the use of dynamic currency conversion services in several countries, including Australia and the US.
A judge has signed off on a $16.4 million settlement of a class action against Cash Converters, but not before scrapping a clause he said tied the court's hands by making the deal conditional on the appointment of Maurice Blackburn as scheme administrator.
Generic drug maker Sun Pharma has emerged victorious in a lawsuit brought against it by Mylan relating to Sun's plans to launch a generic version of cholesterol drug fenofibrate.
We Buy Houses' director Rick Otton has withdrawn his appeal of a ruling that slugged him with a $6 million fine for misleading property investors, the highest ever penalty imposed on an individual for breaches of the Australian Consumer Law.
A wholesaler that supplied leaking hot water bottles and exploding candle holders to retailers in Victoria has been fined $415,000 for distributing the dangerous products in breach of the Australian Consumer Law.
AIG Australia has appealed a decision that found it's liable for covering four former directors being sued by collapsed Kaboko Mining after a failure to repay a US$5.95 million loan allegedly led to the company's insolvency.
ASIC has been ordered to reveal the extent of its communications with experts that are compiling a report central to its case against AMP over alleged insurance churning by one of its former financial advisers.
The former general manager of compliance at the Law Institute of Victoria has taken the peak legal body to court, alleging she was dismissed in breach of the Fair Work Act after taking sick leave.
The Australian Taxation Office has successfully appealed an Administrative Appeals Tribunal decision in favour of BHP Billiton, leaving the mining giant with a hefty $82 million tax bill over its Singapore marketing hub.
The Australia Competition and Consumer Commission is seeking a $35 million penalty against Empower Institute after the court found the vocational trainer engaged in unconscionable conduct by "duping" customers into enrolling in courses they could not afford.