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Construction PRO
Dentons hit with negligence suit by victim of ‘brazen fraud’ in $45M sale
A Dentons client that paid $45 million for an 82-hectare Denham Court property that was only worth $10.8 million, in what a judge called a "brazen fraud", has sued the law firm for professional negligence.
Construction PRO
‘That’s not right’: Property developer says EY withholding client file
EY has claimed a provision of the tax law prevents it from handing over the client file of a property developer who alleges a former partner breached fiduciary duties, but the developer says there is no reason to withhold the documents.
Construction PRO
Domain attacks Deloitte report behind REA’s ‘9 in 10 buyers’ claim
Property listings giant Domain plans to attack the validity of a Deloitte report used to support competitor REA Group’s claim that it attracts the buyer for nine in 10 homes sold, a court has heard.
Construction PRO
Gold Coast wants High Court to weigh in on Cielo’s lux tower development
Gold Coast Council has brought a High Court case over a decision that found the city must consider the provision of affordable housing in assessing an application by developer Cielo Group for a luxury beachfront highrise.
Construction PRO
Ex-Villawood boss seeks judge’s DQ over finding he used lawyer to mislead court
A former director of property developer Villawood has argued a judge should disqualify himself from hearing a contempt case after finding he gave false instructions to his Mills Oakley solicitor.
Construction PRO
Valuer-General defeats challenge to $6.9M Adelaide CBD land valuation
The co-owners of a property in the Adelaide CBD have lost their appeal of a tribunal decision that increased the site's value from $5.4 million to $6.9 million.
Construction PRO
AUSTRAC uncovers widespread mortgage fraud
The financial crimes regulator has called on banks to take action to address "systemic" weaknesses in the lending sector after it identified widespread mortgage fraud.
Construction PRO
Shareholders push CBA to disclose deforestation risks
A group of shareholders is pushing Commonwealth Bank to take steps to outline how its financing will become deforestation-free, claiming the bank's disclosures have not captured deforestation risks.
Construction PRO
Landowner takes fight over Grand Pacific Walk to High Court
A landowner that lost a bid to remove a section of the Grand Pacific Walk north of Wollongong because the popular walkway deprived it of car access to its coastal property has taken its fight with the council to the High Court.
Construction PRO
Dexus chair questions why Allens didn’t ask about KPMG allegations
The chair of Dexus told a parliamentary inquiry Friday that this initial reaction to an Allens report into a whistleblower’s allegations about ethical failures at KPMG was “why didn’t you come and talk to us?”.