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The Sparke Helmore partner at the centre of a $1 million professional negligence lawsuit attempted to conceal an “oversight of enormous proportions” that is said to have lost a property developer two lucrative contracts, a court has heard.
A class action investigation is underway on behalf of property holders and business owners in the Gippsland region who have allegedly been intimidated into selling their assets for the development of the $200 million Fingerboards mineral sands mine.
Department store chain Myer has been hit with a lawsuit for allegedly failing to pay over $4.2 million in rent for its flagship store on Bourke Street in Melbourne during the coronavirus pandemic.
Corporate advisory firm Bridge Street Capital has been hit with costs for funding the defence to a winding up application for a Sydney property developer which a judge found was “woefully” insolvent.
A Canberra property developer that misled investors about GST on its apartments does not have to pay compensation to the lead applicant in a class action against it, an appeal court has found.
A Canberra-based property developer may be hit with a class action for allegedly engaging in misleading and deceptive practices which caused financial losses to property buyers, including by rescinding or cancelling off-the-plan contracts in the midst of the COVID-19 pandemic.
AMP has taken the insurance arm of Willis Towers Watson to court to try to force it to stick to an alleged promise to rent two floors in a central Sydney commercial block that was made just before the start of the COVID-19 pandemic.
A judge has granted law firm Sparke Helmore's bid for additional security in a negligence lawsuit brought by a property developer, but agreed the $215,000 sought by the firm was excessive.
Lendlease has taken two consultants and a designer to court to recoup $8.7 million it spent on replacing combustible cladding used on its $107 million EXO residential apartment block in Melbourne's Docklands.
A property developer suing law firm Sparke Helmore in a $1 million negligence suit has resisted a bid for $215,000 in security for costs made weeks ahead of a four-day hearing in the matter, calling the sum "excessive".