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Construction PRO
A judge has hit Dyldam Developments' former boss Sam Fayad and his two sons with costs after ordering them to pay $50 million in a case by the liquidator of a special purpose vehicle, but awarded costs to payment intermediaries for the liquidator's "manifestly weak" case against them.
Construction PRO
A judge has ordered the sales proceeds of Western Sydney properties linked to former Dyldam director Sam Fayad to be paid into court, saying there was an arguable case that the sales were intended to defraud creditors.
A Sydney law firm has successfully defended a NSW Supreme Court lawsuit by angry former clients who tried to overturn a $492,000 settlement and accused the firm of a breaching its fiduciary duties and unconscionable conduct.