Bill Express court case update

I have received the following update from parties familiar with the court case relating to Bill Express:

The ACCC case was heard in the Federal Court in Melbourne last week,The only real respondent left standing is Bank of New York. The other respondents, Bill Express, TBI and Mobius are all in liquidation.

The Judge reserved her decision. The decision is expected within 6 weeks,

Once the decision has been handed down we will update the group and report on any consequences for the group ,and newsagents generally, of the decision.

NANA and the QNF led on the Bill Express issue while the ANF provided contradictory advice to newsagents which, if followed, meant some newsagents paid equipment leases longer than those who followed the NANA and QNF legal advice.