Dyldam Developments’ former boss Sam Fayad and his two sons have been ordered to pay over $50 million in a case by the liquidator of a special purpose vehicle claiming company funds were misused.
A superintendent on a $25 million Melbourne project had no power to make an adjustment to a payment claim for purported cost overruns that left the builder owing more than the value of its claim, a judge has held.
The body corporates for beachfront blocks on the Gold Coast have failed in their bid to knock back two land valuations by a combined $28 million, with a Land Court member finding oceanfront land fetches a higher premium.
A Sydney lawyer who sent profanity-laden emails to a Mills Oakley partner during a dispute with the Salvation Army and his mother-in-law over payment of a refundable deposit has been struck off the roll.
A challenge to a compensation determination by a group member in a class action against Johnson & Johnson unit DePuy may involve novel questions for the Full Court on the role of scheme administrators, a judge has said.
A judge has blocked the director of Taylors Business from representing the company in a consumer class action, finding he will not be of any assistance to the court.
Casino operator Crown has agreed to pay $73 million over two years to settle a shareholder class action accusing it of lax money laundering compliance, with solicitors set to take home $20 million.
Arnold Bloch Leibler and a litigation partner at the law firm are among defendants named in a new case for their representation of the mastermind behind the scandal-ridden Banksia Securities class action.
A court has found that United Petroleum is not bound by the terms of a signed lease offer sent to a neighbouring Gold Coast pharmacy operator, ruling the company’s property consultant had no authority to negotiate or enter into a new lease on its behalf.
Developer Kaloriziko has appealed a ruling which rejected its claim that a property deal involving related parties extinguished a $2.12 million liability to a builder on the ‘Sky Gardens’ residential development in Ryde, NSW.