Building façade company Sharvain, which went under last month, owes major builders $54 million, according to a judgment pushing out the date for a creditors meeting.
A judge has made a lump sum costs order against a Sydney barrister in his long running dispute with a solicitor over a $320,000 bill, saying for a second time that his conduct in filing reams of material over the issue of costs was unreasonable.
A Sydney barrister and solicitor have settled a dispute over a $320,000 bill initially estimated to cost $60,000 after an appeals court found two costs agreements were void and held that courts should take a “purposive approach” to the rules governing costs disclosure obligations.
An appeals court has found that a solicitor’s caveat over his bankrupt client’s property was valid, after the client agreed to mortgage his property as security for up to $100,000 in legal costs, saying it was the only binding costs agreement they had.
A barrister can’t sidestep a clause in a costs agreement with a solicitor that limited when counsel fees are payable by breaching his disclosure obligations and nullifying the agreement, the High Court has been told.