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Collapsed Melbourne developer Steller has failed to convince a court that its founders and two former directors owe $101.9 million, with a judge rejecting claims that they personally guaranteed the company’s debt.
AirServices can’t get separate hearing in airport lease fight over PFAS
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A judge has rejected AirServices bid for a separate hearing on whether it was required to manage environmental issues outside of its leased site at the Launceston Airport in Tasmania.
Pipeline acquired by Conexa in $74.7M deal is taxable ‘land’: appeals court
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An appeals court has found water infrastructure investor Conexa liable to pay land duty on a $46 million Sydney pipeline it acquired as part of a blockbuster deal with Rosehill.
Developers’ email agreement on $1.3M loan not binding: appeals court
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An appeals court has tossed a challenge to a judge’s decision that found a property developer was required to return a $1.3 million loan, despite finding the judge erred in holding enforceable an agreement reached over email.
Merivale plans ‘landmark destination’ for car park in Melbourne’s CBD
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Melbourne City Council has approved the sale of an eight-storey car park on Little Collins Street to Merivale, which wants to convert the site into a hospitality hub.
East Warrnambool Shopping Centre sells for $20M in off-market deal
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ASX-listed Region Group has sold East Warrnambool Shopping Centre in Victoria for over $20 million in an off-market sale, underscoring investor interest in retail assets.
Court rejects NAB super trustee’s bid for first-ever class action indemnity costs
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A court has refused to order the applicant in a failed class action against NULIS Nominees to pay indemnity costs, but has confirmed that so-called Calderbank offers can operate in group proceedings.
Doctor’s defamation case over online reviews fails to clear serious harm bar
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A Melbourne doctor has lost his defamation suit over negative online reviews, with a judge saying she was not convinced the “spleen venting reviews” damaged his business or caused serious harm to his reputation.
Mulpha threatens strike-out bid over claims in Mulgoa Rise class action
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Mulpha says a class action over the Mulgoa Rise development in Glenmore Park, NSW needs to clarify its negligence case to enable the developer to decide on the viability of potential cross-claims.
Baker McKenzie lures partner back to tax group
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A transfer pricing pro who spent ten years as a partner at Baker McKenzie has rejoined the firm’s tax practice after a stint in-house.