Herberts Smith Freehills has bolstered its real estate group, snagging a Corrs Chambers Westgarth partner with expertise in complex real estate transactions.
Real estate investment manager Salter Brothers has resolved a spat with XL Insurance over more than $6 million in costs incurred in successfully defending itself in lawsuits by three clients.
A Stockland consortium has finalised contracts with the NSW government to lead a major redevelopment of social housing in the inner Sydney suburb of Waterloo.
The state of Victoria can’t set aside a liquidator’s disclaimer over hazardous waste in a property rented by collapsed marine safety flooring company Fordex, with a judge finding the landlord’s rights over the property and waste were not terminated by the disclaimer.
Muffin Break franchisor Foodco has defeated a franchisee’s challenge to a ruling that put it on the hook for money owed under a rental agreement after the lease for the store at the Bayside Shopping Centre in Frankston was not renewed.
A survey of Property Council of Australia members has found optimism in the industry has improved, but concerns about housing supply remained a concern.
Mills Oakley has hired two new partners for its financial services and national property teams.
A Sydney lawyer has been hit with a one-year ban after a tribunal found he acted in a personal capacity for a friend in a $70 million property deal but falsely represented that he was acting for his employer.
KordaMentha has filed a lawsuit to force Sanjeev Gupta’s GFG Alliance to turn over the port at OneSteel’s Whyalla plant in South Australia, arguing the court should doubt a GFG unit’s claims to a lease for the port.
Lendlease has lost a lawsuit seeking to enforce a $120 million purchase agreement for five properties in Campbelltown, with a judge finding its failure to meet the conditions of sale for one key property meant the deal was off.