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‘We’re not King & Wood Mallesons’ excuse doesn’t wash in bid to revive $400M suit
Construction 2024-07-16 2:36 pm By Cindy Cameronne

A judge has rebuffed a developer’s bid to revive a $400 million lawsuit against an investor after it failed to comply with a guillotine order, saying it was not an adequate explanation that the firm of solicitors acting for it lacked the resources of the defendant’s Big Six outfit. 

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Ashurst, LegalVision sued over Woolworths lease transfer advice
Real Estate 2024-07-05 11:03 pm By Cat Fredenburgh

A unit of petrol store chain EG Australia has sued Ashurst and LegalVision alleging they breached their implied duty of care through advice given to Woolworths about the assignment of a disputed Sydney petrol station lease.

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Lendlease’s $1.3B sale of residential portfolio to Stockland raises red flags: ACCC
Construction 2024-07-04 1:01 pm By Cat Fredenburgh

Lendlease’s plan to sell a portfolio of residential community projects to Stockland for $1.3 billion has raised concerns for the ACCC, which worries the transaction may substantially lessen competition in the supply of residential masterplanned community housing lots in four regions.

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K&L Gates picks up three partners across corporate, IP, real estate teams
K&L Gates 2024-07-03 4:38 pm By Sam Matthews

K&L Gates has lured three partners from rival firms to bolster its corporate, IP and real estate offerings across the country, including a former principal of Davies Collison Cave. 

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RAMS mulls cross-claim against franchisees in class action
Class Actions 2024-06-13 2:24 pm By Sam Matthews

Westpac subsidiary RAMS has flagged a cross-claim against disgruntled franchisees who say their agreements were terminated without proper cause, citing possible breaches of the National Credit Act. 

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Housing class action to drop claims against Victoria, as judge slams ‘hasty’ new pleading
Class Actions 2024-05-31 3:10 pm By Cindy Cameronne

A class action over the Victorian government’s decision to retire Melbourne’s high rise public housing towers has agreed to drop claims against the state of Victoria and the minister for housing after a judge threw out the claims but allowed the class action to replead.

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High Court asked to weigh in on client’s burden of proof in HWL Ebsworth negligence case
Business of Law 2024-05-07 11:48 pm By Cat Fredenburgh

The High Court has been asked to weigh in on whether a client needs to prove it could have exploited a lost commercial right in order to prevail in a law firm negligence case, after HWL Ebsworth successfully appealed a decision that found its bad advice over property in Parramatta’s ‘Auto Alley’ cost a client $2 million.

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Public housing class action tossed, but judge gives applicant another shot
Class Actions 2024-05-03 4:18 pm By Sam Matthews

A judge has granted the Victorian government’s bid to dismiss a class action over its decision to retire Melbourne’s high-rise public housing towers, but allowed the applicant to recast his claim, despite protests from the state. 

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‘It does seem very odd’: Judge questions Victoria’s bid to strike out housing class action
Class Actions 2024-04-23 11:25 pm By Sam Matthews

A judge hearing the Victorian government’s bid to knock out a class action over its decision to retire Melbourne’s high-rise public housing towers has questioned the state’s submission that the decision had “no effect” on the rights of tenants.

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Jones Day beefs up financial markets practice in Australia
Corporate 2024-04-23 1:35 pm By Andy Sidler

Jones Day is growing its domestic financial markets team with the recruitment of a partner from Baker McKenzie and the transfer of a 17-year veteran from the firm’s London office.

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