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The ACCC is challenging a ruling that dismissed the watchdog's claim that property investment company Quantum Housing Group engaged in unconscionable conduct in misleading investors in the National Rental Affordability Scheme, saying the legal test for finding unconsionability under the consumer law needed clarifying.
Billionaire real estate developer Harry Triguboff and his company Meriton have hit back at claims by the former group general counsel of the property giant that he was sacked after refusing to lie, saying the allegations are untenable and untrue.
The competition cop has given its blessing to Australian Finance Group's $120 million acquisition of rival Connective Group, after raising concerns the deal could squeeze smaller players out of the mortgage aggregator market.
A judge has ordered WA-based Quantum Housing Group to pay $700,000 and its sole director another $50,000 after finding the company misled investors in the National Rental Affordability Scheme.
A court has dismissed a "harsh and draconian" class closure order sought by German cladding manufacturer 3A Composites in a class action against it over allegedly combustible cladding.
The prefab concrete company dragged into a class action over the ill-fated Opal Tower has launched its own legal volley against the engineering consultant behind the building design.
The former group general counsel of Meriton is suing the property giant and billionaire real estate developer Harry Triguboff for unfair dismissal, claiming he was fired for refusing to lie to the court.
A court has ruled that a litigation funder backing an unsuccessful real estate lawsuit by two broke plaintiffs must cover the legal costs after finding that the funder's goals in the case were "more to serve its own commercial and financial ends" than to assist its clients.
Mining magnate Clive Palmer has attacked a class action by timeshare owners of the ill-fated Palmer Coolum Resort on two fronts, arguing that a special levy to fund the action breached the Corporations Act and seeking to strike out significant portions of the case.
German cladding manufacturer 3A Composites is pushing forward with a bid to close a class action over allegedly combustible cladding to registered group members, arguing that a recent appeals court decision does not bar class closure in this case.