Developer Point Bay wins judge’s recusal from Global Capital case

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A judge has recused herself from a case by liquidators for real estate investment firm Global Capital Property Fund against Point Bay Developments, after hearing the corporate regulator’s application to wind up the fund.

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Falcon Capital liquidators bring case against property developer over $46M loan

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The liquidators of Falcon Capital, which is suspected of having misused $450 million in investor funds, have sued a Melbourne property developer, claiming he knowingly assisted Falcon to loan millions in trust money in a “dishonest and fraudulent design”. 

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ACCC approves Coles supermarket lease acquisitions after divestment

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The ACCC has given Coles the green light to acquire two leasehold interests to launch new supermarkets in Melbourne’s rapidly developing west after the supermarket giant agreed to divest its ownership and interest in its Kororoit Town Centre site.

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The Australian says claim JLL exec sexually harassed junior at strip club is true

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The publisher of The Australian has hit back at a defamation case by a former JLL executive, saying it was substantially true that he fondled a drunk junior female colleague’s breast at a strip club. 

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Apple wants to rob judgment of ‘bite’ in Epic Games case, court told

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Orders proposed by Apple after a judge’s finding that the digital giant and rival Google engaged in anti-competitive conduct would “rob the court’s findings of their detail, their efficacy and their bite”, Epic Games has said.

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Plus500 can’t shut down class action in favour of arbitration

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Plus500 has lost its bid to permanently stay a class action by investors who lost money trading in highly leveraged financial products, with a court finding that the arbitration clause relied on by the online trader was unfair and void.

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Liquidators of collapsed developer FSM can’t access Ray White, KWM emails

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The liquidators of a defunct developer FSM have lost their bid to access unredacted copies of emails between Ray White Capital and King & Wood Mallesons.

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Qube sells stake in Beveridge Intermodal Precinct for $100M profit

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Logistics giant Qube has shed its interest in a 202-hectare property at Beveridge in Melbourne’s north to Hong Kong-based asset manager C Capital for $111 million.

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