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AMP wins dispute with insurer Willis over Sydney lease
Real Estate 2022-10-20 4:43 pm By Sam Matthews

AMP Capital Investors has won a property spat with insurance broker Willis Australia, which a judge found was not entitled to withdraw a notice to take a lease of office space at Angel Place on Pitt Street in Sydney’s CBD.

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High Court won’t hear appeal in spat with law firm over $24.5M Melbourne development
Legal Ethics 2022-10-20 10:53 pm By Cat Fredenburgh

The High Court has declined special leave to a former Rigby Cooke client who unsuccessfully challenged the law firm’s win in a dispute over a $24.5 million East Melbourne development.

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Ultiqa slapped with $900,000 penalty for timeshare sales tactics
Competition & Consumer Protection 2022-10-17 2:42 pm By Sam Matthews

A judge has ordered timeshare company Ultiqa Lifestyle Promotions to pay a $900,000 penalty for cornering consumers into investing thousands in a timeshare scheme that many could not afford.

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Court sides with Deicorp in $90M suit over sale of properties in Sydney’s Castle Hill
Real Estate 2022-10-14 4:37 pm By Sam Matthews

Property developer Deicorp has secured a win in a lawsuit brought by a Hong Kong real estate billionaire after Deicorp reneged on a $45 million property deal, with a judge finding the purchaser failed to properly nominate its special purpose vehicle under the contract for sale.

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Funder’s commission holding up Opal Tower class action settlement
Class Actions 2022-10-11 9:56 pm By Sam Matthews

A $13 million commission sought by the funder that bankrolled the Opal Tower class action is stalling settlement approval, as debate continues over whether the funder can recoup the costs of after-the-event insurance from group members.

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HWL Ebsworth defeats ex-client’s appeal over property sale
Professional Negligence 2022-10-10 11:26 pm By Cat Fredenburgh

Law firm HWL Ebsworth has defeated a Brisbane property developer’s appeal of a ruling that found the firm did not owe the former client damages for its negligence in failing to properly follow instructions on a contract of sale for large block of units.

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Judge doubts utility of Full Court hearing in sacked Greenwoods partner’s case
Employment 2022-10-06 4:02 pm By Cindy Cameronne

A judge has raised concerns about the utility of referring a satellite dispute over whistleblower protections to the Full Court in a $13 million lawsuit brought by an ex-Greenwoods & Herbert Smith Freehills partner.

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Legal spat over Russian embassy lease fast-tracked amid concerns about ambassador’s expulsion
Real Estate 2022-10-06 4:49 pm By Sam Matthews

Russia’s recent challenge to the Commonwealth’s allegedly unreasonable decision to terminate its lease to build a new embassy in Canberra could be heard in early 2023, amid concerns key witnesses could soon be kicked out of the country altogether.

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Class action probe targets Aussie Home Loans over ‘worthless’ policies
Class Actions 2022-09-14 2:47 pm By Sam Matthews

Aussie Home Loans is facing a class action investigation for allegedly selling “essentially worthless” policies to homeowners.

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Aveo class action members facing novel funding order protected by court, judge says
Class Actions 2022-09-13 12:31 pm By Cindy Cameronne

A judge has approved an opt-out notice in a class action against retirement home provider Aveo Group that advises of a proposed application for a controversial funding order that would put a lien on some group members homes.

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