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.
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.
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.
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.
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.
Aussie Home Loans is facing a class action investigation for allegedly selling “essentially worthless” policies to homeowners.
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.
Software company Dye & Durham has secured the approval of the competition regulator for its proposed acquisition of technology services provider Link Group under the condition it sell its Australian business.
The death last year of a protagonist in the drama has not ended the legal spat between the children of one of Australia’s richest families over a deed of settlement intended to resolve a family feud over assets.
Hall & Wilcox has expanded its construction practice with the recruitment of partner Stefan Fenk from law firm Vincent Young.