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Sparke Helmore should face higher damages bill for negligence, developer says
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.
High Court to hear CoreLogic appeal over copyright for real estate pics
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.
High Court refuses leave to class action in GST case against developer
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.
CBRE wins appeal over allegedly negligent $27.3M valuation
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.
JD Group wins stay of damages for couple ‘misled’ over $10M luxury digs
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.
Developer misled buyers of $9.58M South Yarra apartment with ‘artistic impression’
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”.
‘Scandalous’: Judge finds family forged will of ‘Australia’s worst landlord’
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.
Lloyd’s wins docs to probe basis for Moray & Agnew’s $3.7M settlement
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.
ASIC’s penalty against Squirrel Super ‘might be a bit light on’, court says
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.”
Insurer denies policy covered ‘excessive’ $3.7M Moray & Agnew settlement
A Lloyd's syndicate has hit back at a lawsuit by Moray & Agnew, saying it did not have to cover part of a $3.7 million settlement between the law firm and a Melbourne property developer because the amount agreed to was "excessive".