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Construction PRO
Surfers Paradise's Cavill Lane retail precinct has been sold for $31 million to investment management companies Boston Global and The Property Factory.
A judge has approved Maurice Blackburn’s 30 per cent group cost order in a class action against JB Hi-Fi over worthless warranties, noting the 'high end' rate would be reviewed at a later stage.
Australia's corporate watchdog has taken Snaffle to court, alleging the online retailer inflated prices and charged excessive interest under credit contracts.
Construction PRO
A Victorian shopping centre has been ordered to pay back $1.5 million to a company that broke a contract for a $30 million land sale.
Construction PRO
Collapsed clothing brand Jeanswest has nearly $26 million in lease liabilities on stores nationwide, but buyers may bite, administrators have told the Federal Court.
Two soon-to-be consolidated class actions against Harvey Norman are fighting the retailer’s bid to appoint a costs referee, saying this was unnecessary given their plan to secure a group costs order.
Construction PRO
Adelaide real estate group Taplin has acquired the Kurralta Park Village shopping centre from Coles, with the supermarket giant reselling the site for a $1 million profit after just 2 years.
A judge has put off an application for a 30 per cent group costs order in a class action against JB Hi-Fi so law firm Maurice Blackburn can provide more detail about the proposed fee, which she said was “at the higher end".