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A judge has ordered Adina West Melbourne to pay $2.3 million to Trenerry’s West End LandCo, including $1 million in unpaid rent, despite finding COVID-19 lockdowns were a force majeure event under the lease.
Quasar Constructions-linked company must disclose assets to liquidators
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An entity associated with James Crawford, the director of defunct Sydney builder Quasar Constructions, has been ordered to disclose all of its assets to the company’s liquidators as they look to track down funds from the sale of properties.
Education Department wants claim setoff built into Roberts Co DOCA
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The Victorian Department of Education is seeking court declarations that under a plan to restructure Roberts Co (VIC) it can set off claims of its own against any brought by the failed builder.
Lease over prime Paddington site not enough to resist Aboriginal land claim: High Court
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A lease granted to developer Quarry Street over the site of the abandoned Paddington Bowling Club did not constitute use of the land under Aboriginal land rights legislation, a High Court majority has found.
Snowdon Developments liquidators settle with supplier
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Liquidators of collapsed Snowdon Developments have reached a settlement with a building supplier as part of efforts to collect more than $2 million in payments allegedly made when the Melbourne developer was insolvent.
CBA class actions sent back for possible pursuit of ‘no transaction’ claims
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Two failed shareholder class actions against Commonwealth Bank have been returned to a judge to decide if ‘no transaction’ claims can still be pursued, a move CBA argues is a way to keep alive cases that are “truly dead”.
ASIC gets High Court’s attention in case against crypto firm Block Earner
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The corporate regulator has won the High Court’s leave to challenge a ruling for cryptocurrency firm Block Earner that it argues will allow future crypto products to evade the rules.
Seek says Employment Hero used data to solicit job candidates ‘en masse’
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Job listings giant Seek has hit back at claims by Employment Hero that its decision to cut access to its platform was a breach of competition laws, saying the start-up has misused Seek’s data to launch a competing service.
ACCC raises concerns over IAG’s proposed $1.3B takeover of RACWA
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The competition watchdog has raised concerns that IAG’s proposed $1.35 billion acquisition of the RACWA’s insurance operations could substantially lessen competition.
Lattouf calls out ABC’s ‘performative’ regret in seeking $350K penalty
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Ex-ABC presenter Antoinette Lattouf is seeking a penalty of up to $350,000 against the national broadcaster for her unfair dismissal, citing its “performative” expressions of regret.