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Client sues Moray & Agnew over ‘unauthorised’ $3.3M transfer
Business of Law 2022-05-10 2:45 pm By Cat Fredenburgh

Moray & Agnew is facing a lawsuit by a former client who says the firm breached its duties by making an unauthorised $3.3 million transfer while representing him on an investment in a Melbourne storage facility development.

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Sparke Helmore should face higher damages bill for negligence, developer says
Professional Negligence 2022-05-06 4:51 pm By Cat Fredenburgh

A NSW developer says law firm Sparke Helmore should face a heftier damages bill for its negligence in failing to alert it to an imminent deadline in two land sale contracts worth a combined $1.5 million that were part of a troubled $30 million development.

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High Court to hear CoreLogic appeal over copyright for real estate pics
Intellectual Property 2022-04-20 11:31 pm By Cat Fredenburgh

The High Court has agreed to weigh in on whether property data analytics firm CoreLogic infringed a real estate photographer’s copyright by uploading images from realestate.com.au to its platform.

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High Court refuses leave to class action in GST case against developer
Class Actions 2022-04-19 6:59 pm By Cindy Cameronne

The High Court won’t hear a challenge to a decision finding a Canberra property developer that misled investors about GST on its apartments did not have to pay for losses alleged in a class action against it.

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CBRE wins appeal over allegedly negligent $27.3M valuation
Real Estate 2022-04-13 9:45 pm By Cindy Cameronne

Real estate giant CBRE Group has won its appeal in a dispute with defunct fund manager City Pacific, which claimed the company negligently valued a Queensland marina at $27.3 million in 2006 and caused millions in losses.

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JD Group wins stay of damages for couple ‘misled’ over $10M luxury digs
Competition & Consumer Protection 2022-03-28 5:55 pm By Christine Caulfield

Damages owed to a millionaire couple by JD Group over a “deliberately misleading” rendering of a $9.58 million apartment in South Yarra, Melbourne will be put on ice pending the outcome of the property developer’s appeal.

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Developer misled buyers of $9.58M South Yarra apartment with ‘artistic impression’
Real Estate 2022-03-22 4:17 pm By Cindy Cameronne

Property developer JD Group will have to pay damages to a Melbourne couple after a judge found the company’s artistic renderings of a $9.58 million South Yarra apartment were “deliberately misleading”.

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‘Scandalous’: Judge finds family forged will of ‘Australia’s worst landlord’
Real Estate 2022-03-21 10:29 pm By Miklos Bolza

The will of “Australia’s worst landlord” — Melbourne businessman Frank Cassar — was forged in a conspiracy by his widow, daughter and son who feared losing his multimillion dollar business empire after his death, a court has found.

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Lloyd’s wins docs to probe basis for Moray & Agnew’s $3.7M settlement
Insurance 2022-03-16 4:06 pm By Miklos Bolza

Lloyd’s has won access to letters between Moray & Agnew and an insurer to test its claims that a $3.7 million settlement the law firm agreed to over the sale of apartments at a $105 million South Yarra complex developed by millionaire Harry Stamoulis was excessive and made to protect the firm’s reputation.

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ASIC’s penalty against Squirrel Super ‘might be a bit light on’, court says
Financial Services 2022-03-15 3:15 pm By Sam Matthews

A judge has questioned the $55,000 penalty jointly proposed by the parties in ASIC’s case against fintech company Squirrel Super over misleading statements about returns on property statements, saying it “might be a bit light on.”

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