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Construction PRO
Court finds ‘brazen dishonesty’ in $45M property sale
A judge has called the conduct of the director of property group Vantager “breathtaking” in its “brazen dishonesty” after he misappropriated $33 million from a $45 million property sale with the help from his accountant.
Construction PRO
Court finds loss on Spring Square project can’t be set off against $2.8M liability
A judge has rejected a bid by the director and general manager of an aluminium windows and doors company to set off a $2.6 million loss from a Spring Square project against a $2.8 million liability.
Construction PRO
‘Deliberate bad faith’ conduct by buyer of $26M Rose Bay villa, trial told
After selling his $26 million Rose Bay mansion to AsheMorgan principal Michael Rothner in 2023, options trader David Waterhouse has levied allegations of “deliberate bad faith conduct”, on the first day of trial in a case over the mysterious removal of trees on a neighbouring property.
Court rejects evidence that Piper Alderman work properly delegated in Fogo Brazilia case
The liquidator of Fogo Brazilia has lost a bid for a gross sum costs order against the restaurant chain, after a judge found that legal representatives Piper Alderman did not appear to appropriately delegate, with hours of grunt work performed by a partner at the firm.
Liquidator of Fogo Brazilia faces ouster for retaining law firm investigating class action
The liquidator of restaurant chain Fogo Brazilia has been ordered to hand over communications with law firm Levitt Robinson as creditors seek to oust him from his role over alleged breaches of duty relating to a class action investigation.