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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.
Quintis misled the market, but class action’s loss narrative lost the case
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In tossing the sixth securities class action to go to trial in recent years, a Federal Court judge has shown the task of proving shareholder loss is a doozy.
Perth magistrate loses legal challenge to move from Children’s Court
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A Perth magistrate who wanted to sit solely on the Children’s Court has had her challenge knocked back again on appeal, with the Full Court finding court heads can allocate magistrates as necessary.
One Central Park apartment owners sue Frasers over planter boxes
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Apartment owners at Sydney’s $2 billion One Central Park have sued Frasers Property over 1,750 planter boxes they say are detaching from the two towers and contain combustible material.
NAB pays $20M to settle class action over Walton Construction collapse
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NAB has agreed to pay $20 million to settle a class action over the collapse of Melbourne-based builder Walton Construction.
Meriton’s bid for security in $123M defects suit fails
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A judge has declined Meriton’s bid for $2.4 million in security in a lawsuit over alleged systemic defects at the Alcove apartment development in Sydney’s North Shore.