Dec 6 (Reuters) - Australia's ASIC:
* TAKES CIVIL PENALTY ACTION AGAINST AMERICAN EXPRESS AUSTRALIA IN COURT CASE ALLEGING BREACHES OF DESIGN & DISTRIBUTION OBLIGATIONS
* SEEKING DECLARATIONS AND PECUNIARY PENALTIES FROM COURT
* CASE CONCERNS TWO CREDIT CARDS ISSUED BY AMEX AUSTRALIA THAT WERE CO-BRANDED WITH RETAILER DAVID JONES Further company coverage: