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The consumer regulator asked a court Friday to dismiss a lawsuit brought against it by Chinese vitamin giant Nature's Care Manufacture over Australian-made product labels, saying it had been wrongly "dragged into a controversy".
ASIC has filed a lawsuit against ANZ alleging it breached its continuous disclosure obligations in relation to a $2.5 billion institutional share placement, which is also at the centre of a criminal cartel case against the bank.
Bodum, maker of the popular glass French press coffee maker, has sued an Australian company for allegedly copying the design and getup of its iconic device, on the heels of winning a $4 million judgment in the US over a copycat device.
Meriton has withdrawn its appeal of a ruling that fined the property manager $3 million for manipulating bad reviews on TripAdvisor.
The Australian Consumer and Competition Commission has said it will permit a $13 billion acquisition of Australian energy infrastructure business APA Group by a Hong Kong group of companies after accepting a court-enforceable undertaking.
An Australian mortgage investment manager has been hit with a class action, alleging it charged excessive fees on loans and made misleading representations to borrowers.
OPSM owner Luxottica has agreed to make its franchise system more transparent after an investigation by the consumer watchdog found the eyewear giant's disclosures weren't up to scratch.
Online lender Prospa has agreed to alter unfair terms in its standard form small business loan contracts, after it delayed a planned float due to concerns raised by ASIC about its loan terms.
Volkswagen has agreed to offer refunds or replacements to consumers if a defect makes a car un-drivable within the first 60 days after purchase without requiring proof of a major failure.
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.