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Sydney sinking homes class action settles for $18M
A class action on behalf of Sydney homeowners who allege their homes are sinking into the ground has settled for $18 million, with a judge hearing numerous group members will not receive a payout.
Shipping tycoon’s daughter can’t withdraw silk’s concessions in $500M estate claim
An appeals court has held that former INXS manager Maria-Christina Copinger-Symes, whose father was part of a wealthy shipping dynasty, cannot withdraw concessions made by her senior counsel in her claim over her father’s estate. 
Star calls for $6.5M from class action firm, cites illiquid WIP assets
Slater & Gordon should pay $6.5 million in security in a shareholder class action against Star, the casino giant says, citing concerns about the law firm’s ability to foot its costs if the case fails. 
Construction PRO
Camden, developer reach settlement in sinking homes class action
A class action on behalf of Sydney homeowners who allege their homes are sinking into the ground has settled for $18 million, with a judge hearing numerous group members will not receive a payout.
Construction PRO
Growthpoint sells Perth Airport industrial property for $268M
Growthpoint Properties has agreed to sell its Woolworths distribution centre at Perth Airport to Western Australian developer Hesperia for $267.7 million.
Lawyer found guilty of misconduct over property investment class action
A tribunal has found a Victorian solicitor guilty of professional misconduct for over-promising on the prospects of success of a proposed property investment class action, which was never brought.
Former partner sues Potentia Capital over alleged settlement breach
A former partner at Potentia Capital Management has brought proceedings claiming the private equity firm breached a settlement agreement after his employment at its fintech Linkly was terminated following alleged whistleblower complaints.
Construction PRO
Lawyer ‘over-promised’ on real estate investor class action, VCAT says
A Victorian solicitor guilty has been found guilty of professional misconduct for over-promising on the prospects of success of a proposed property investment class action, which was never brought.
Credit Suisse wins row over Deloitte reports, Linklaters advice in Greensill case
Two Deloitte reports commissioned by a Swiss law firm for Credit Suisse are protected by legal professional privilege despite access given to financial regulators investigating the collapse of supply chain financier Greensill. 
Actress Charlotte MacInnes files appeal after Rebel Wilson win
Charlottes MacInnes has filed an appeal just one day after losing her case against Rebel Wilson that alleged Wilson made defamatory posts that “The Deb” star had retracted an harassment complaint.