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A court has excused the developer of a warehouse in greater western Sydney from paying a $1.38 million rent guarantee to CapitaLand Ascendas’ REIT trustee Perpetual, finding it met its obligation to procure a tenant.
High Court asked to weigh in on fight over defects at lux Sydney high-rise
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The builder and the developer of Sydney’s ‘The Eliza’ apartment building have sought special leave with the High Court after they lost their challenge to a referee report that found it was reasonable for the owners to block them from rectifying defects.
Forestry NSW to pay $450,000 for cutting down culturally significant trees
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In a landmark decision, the Forestry Corporation of NSW has been ordered to pay $450,000 to the Yurrungga Aboriginal Corporation after pleading guilty of cutting down nine culturally and environmentally significant trees in the Wild Cattle Creek State Forest in the state’s mid-north coast.
In loss for Valuer General, court says law doesn’t prescribe method for valuations
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The NSW Valuer General has lost its appeal of a decision upholding a challenge to eight land value determinations, with an appeals court finding that the Valuation of Land Act does not require the use of any specific method to determine land value.
Liquidators win round in case against investors in Chris Marco scheme
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The liquidators of an unregistered managed investment scheme run by convicted fraudster Chris Marco have fended off a summary dismissal application by investors, with a judge finding that it was not so obvious that they would be entitled to a good faith defence to warrant tossing the case.
Hello Fresh, Youfoodz criticise ACCC’s ‘very general’ subscription traps case
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Meal delivery companies Hello Fresh and Youfoodz say the consumer regulator needs to provide more details in its cases alleging customers were charged a fee after cancelling subscriptions.
Court grants $1.3M freeze in fight over ‘highly unusual’ airport deal
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The wife of a Dubai investor who is accused of failing to repay a $10.7 million debt over a “highly unusual” airport investment proposal has been hit with a third-party freezing order, after the court heard that she received $1.2 million from her husband’s business.
Robodebt judge rejects bidding war for $550M settlement admin gig
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A judge has refused to order a competitive tender process for the administration of a $549 million settlement in a class action over the Morrison government’s Robodebt scheme, while also questioning the funder’s bid for a $71 million commission.
Qantas pays $105M to settle COVID flight credits class action
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Qantas has agreed to pay $105 million to settle a class action on behalf of hundreds of thousands of customers who allegedly never received refunds after their flights were cancelled during the COVID-19 pandemic.
KFC rest breaks class action settles for $29M
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A class action on behalf of tens of thousands of KFC workers who were allegedly denied rest breaks has settled for around $29 million.