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Lawyers breached duty to client with ‘sharply’ conflicting interests, appeals court rules
Legal Ethics 2019-08-30 9:54 pm By Amelia Birnie

A Sydney law firm has been ordered to pay hundreds of thousands of dollars in compensation and restitution for breach of its fiduciary duties, after a former client successfully appealed a conflict of interest case.

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Villa owners lose transfer bid in case against Clive Palmer’s Coolum Resort
Real Estate 2019-08-27 9:46 pm By Cat Fredenburgh

The Queensland Supreme Court judge has refused to transfer proceedings by villa owners against Clive Palmer’s abandoned Sunshine Coast resort to the Federal Court, but has also rejected a separate bid by Palmer to shut down the case, which has been dormant for six years.

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Grocon wins right to appeal $13.9M judgment in Dexus lease dispute
Real Estate 2019-08-21 2:34 pm By Amelia Birnie

Grocon has won the right to appeal a $13.9 million interlocutory judgment in an ongoing lease dispute with property management firm Dexus, amid concerns that the construction company would be deemed insolvent if it was forced to pay the interim demand notice.

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Grocon appeals $13.9M ruling in Brisbane CBD lease dispute
Real Estate 2019-07-29 10:16 am By Miklos Bolza

The Federal Court has given the Victorian arm of Grocon Constructors more time to comply with a $13.9 million judgment in an ongoing lease dispute over a Brisbane office tower, after the construction company promised to file its appeal of the ruling “with diligence and expedition”.

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$43.2M lease demand slashed after judge finds Dexus unreasonable
Real Estate 2019-07-23 1:30 pm By Amelia Birnie

A judge overseeing a lease dispute in relation to a Brisbane CBD office tower has slashed a $43.2 million statutory demand against construction company Grocon by more than two thirds, finding property management firm Dexus was unreasonable to demand payment just two business days after issuing its invoices.

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Judge slashes compensation with $50M payout in WestConnex land dispute
Real Estate 2019-07-18 9:01 pm By Miklos Bolza

Two companies owned by the ex-director of Dial A Dump have failed in a bid to secure $584 million in compensation for land compulsorily acquired by the NSW Government for the WestConnex project, with the court granting them less than 10 per cent of that amount.

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CEO taken to court for allegedly paying nanny $2.33 an hour
Employment 2019-07-17 10:12 pm By Christine Caulfield

The CEO of a property development company faces enforcement action by the Fair Work Ombudsman for allegedly paying his nanny $2.33 an hour for over 100 hours of work a week.

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Troubled Melbourne property developer Steller goes into receivership
Restructuring & Insolvency 2019-07-02 8:07 pm By Miklos Bolza

Melbourne property developer Steller has been put into receivership, a dramatic collapse for a firm that once boasted a pipeline of $4.2 billion worth of projects.

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Clive Palmer’s co. faces setback in winding up battle over Queensland time-share scheme
Restructuring & Insolvency 2019-06-25 4:54 pm By Amelia Birnie

A judge has refused to separately hear an application by a Clive Palmer-controlled company to wind up a time-share scheme at Queensland’s Palmer Coolum Resort, describing the bid as an attempt by the company to avoid making admissions about its conduct, which allegedly resulted in the “death of the resort”.

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Ex-HWL Ebsworth lawyer admitted errors in Sydney land tender, court hears
Real Estate 2019-06-19 8:13 pm By Amelia Birnie

A court has heard a former HWL Ebsworth property lawyer admitted to errors in a due diligence report missing crucial flood risk information that is at the centre of a trial over a $28.5 million sale of Crown-owned land in Sydney.

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