Mastercard had a legitimate and pro-competitive reason for reaching agreements with major retailers to choose its network over Eftpos for debit card processing, a court was told Wednesday in the competition regulator’s misuse of market power case against the financial services behemoth.
A judge has approved a $20 million settlement in a sham contracting class action accusing telco contractor BSA Limited of misclassifying its workforce of technicians as independent contractors.
A government-approved plan to build a waste facility in western Tasmania has been parked, after environmental campaigners won a judgment declaring the federal government’s approval of the proposed tailings storage facility was invalid.
Tiwi Islanders will file a new application to prevent drilling continuing on Santos’ $4.7 billion Barossa gas project after losing a challenge to stop the energy giant from beginning work on the first sea well.
Clive Palmer’s mining company Mineralogy has lost a bid to stay an expert determination process in a royalties dispute with Adani, with a judge ruling that the court should not “lightly disregard” decisions to resolve disputes by expert determination rather than court-based litigation.
Mayfair 101 has settled with liquidators of collapsed IPO Wealth Holdings after they won a bid to re-examine former director James Mawhinney over the transfer of “considerable funds and assets” from the fund to other entities.
Deloitte has won its bid to keep confidential documents away from the funder backing a consolidated shareholder class against food company Noumi which alleges the auditor was complicit in misleading the market.
The settlement figure in a class action against a unit of Suncorp Group has been revealed as $33 million, and super members are set to share in the net sum of $14 million, or 42.5 per cent of the deal.
A judge has granted a bid by the operator of Sydney’s billion-dollar Lane Cove tunnel to add a new claim in the five-year-old dispute alleging the concrete lining used in construction was defective.
A judge has slammed a $26 million penalty agreed to by Uber and the ACCC as “not within the range”, saying the impact of the rideshare giant’s misleading conduct appeared to be “trivial”.