Companies

National Australia Bank has avoided enforcement action and entered into an undertaking with AUSTRAC to settle an investigation into compliance with anti-money laundering and counter-terrorism financing laws.

Ernst & Young has won a bid to throw out a subpoena probing whether its conflict-of-interest protocols were followed in a lawsuit against mining equipment company PPK, with a judge dismissing the summons as a fishing expedition.

A judge has signed off on a $125 million settlement to resolve a shareholder class action against Crown Resorts over disclosures relating to its Chinese gambling operations, but has shaved $1 million from the funder's proposed commission.

A litigation funder will seek a commission of up to 25 per cent in a class action against Toyota that could see the automotive giant owe close to $2 billion to 260,000 car owners after a judge found diesel filters in its cars were defective.

Nine claims that any harm a Sydney barrister suffered from its allegedly defamatory coverage of her battle for custody of Oscar the cavoodle was mitigated by the truth of the imputation that she exploited the famed social media pooch for her benefit.

Accounting giant KPMG has resolved a lawsuit brought by a principal director who alleged he was told to "change and adjust" to "belittling" attacks by a partner on the debt advisory team.

Uber has admitted to making misleading statements to passengers and has agreed to pay $26 million in penalties in a case by the consumer regulator over the ridesharing giant's cancellation warning messages.

Nine has lost its bid to argue the substantial truth of an alleged defamatory imputation arising from its coverage of a custody battle for famed social media pooch Oscar the Cavoodle and has been taken to task by a judge for its delay in filing a defence in a defamation case, saying its excuse was no better than "the proverbial dog having eaten their homework".

A man who said he was falsely accused by a Seven journalist of spitting at the rape victim of former NRL star Jarryd Hayne has sued the broadcaster for defamation.

A judge on Friday slugged Westpac with a $40 million penalty for charging advice fees to over 11,800 dead customers in the last of six cases brought by the corporate regulator, taking the total to be paid by the bank to $113 million.