Melbourne developer SK Developments has won freezing orders against a builder, with a judge finding there was a danger that a $1.98 million judgment could be avoided.
Property investment firm Charter Hall has sold its Bunnings Warehouse in the southeast Melbourne suburb of Clyde North for $44 million, in an off-market deal that reinforces the strength of retail real estate.
A tribunal has found a company that scrapes court databases broke privacy laws by failing to remove a litigant’s name after charges against her were dropped, saying the public nature of court lists doesn’t make republication a “free for all”.
A judge has said ASIC should have known that its case against four TerraCom directors over statements made to investors had no prospects of success, calling one of its submissions “unworthy of the corporations regulator”.
A judge hearing a dispute over a lot in Victoria’s Merrifield Business Park has found that the Competition and Consumer Act’s bar on contracts that substantially lessen competition does not apply to a market in land.
HWL Ebsworth has acquired Adelaide law firm Botten Levinson Lawyers, boosting the firm’s environment and development law offering in the region.
Troubled casino operator Star Entertainment says it will have to repay $36.5 million to its Queen’s Wharf partners if an agreement on a plan to buy out its stake in the Brisbane entertainment project is not reached by the end of the month.
A liquidator has opened his case over the alleged misuse of funds by now defunct Dyldam Developments, as the court hears of “oddities” in financial records and the spaghetti-like structure of 157 interrelated entities.
Sentinel Property Group has purchased its most expensive office asset since its establishment, paying $132 million for a fully-leased office building in the heart of Brisbane’s Olympics precinct.
Singapore firm Roxy-Pacific Holdings has sold the iconic Melbourne House at 360 Little Bourke Street to an unnamed interstate investor.