Developer Vantager has been ordered to sell off six properties to satisfy a judgment debt and compensate buyers who overpaid for a Denham Court property by more than $34 million due to what the court called the developer’s “brazen fraud and dishonesty”.
Corporate advisory firm Cadence has left court worse off after bringing a defects suit against a builder and subcontractor on a residential development in New South Wales’ south coast, with the builder winning a $140,000 judgment on its cross-claim.
Mineral Resources has won a bid for more documents in its fight with the Pilbara Ports Authority over the validity of a channel charge.
Lander & Rogers has hired a disputes lawyer from Herbert Smith Freehills Kramer to join its Brisbane-based commercial disputes practice as a partner.
A judge has awarded private equity firm CPE Capital, formerly CHAMP, $96 million in a dispute over a profit sharing agreement that was part of a deal to provide $150 million in vendor finance to FX Group Holdings for shares in trading platform Pepperstone.
Human rights and press freedom activists want to intervene in a High Court case over copyright ownership in abattoir footage obtained by trespass, saying the broader public interest might be affected by the case.
The ACCC has narrowed the number of local sites in its sights as part of an assessment of Ampol’s $1.1 billion acquisition of EG Australia, but the “metropolitan-wide” effects of the merger in four major cities are under the microscope.
Two victims of collapsed investment firm Courtenay House have won a case against the real estate agent who persuaded them to invest hundreds of thousands of dollars into the $180 million Ponzi scheme.
Built has lost its lawsuit against the Victorian Correctional Infrastructure Partnership over a dispute resolution mechanism in a construction subcontract for upgrades to the Metropolitan Remand Centre.
The Albanese government has issued seven tenders for its $93.6 billion project to build a high-speed rail between Newcastle and Sydney, which is expected to cut travel time by more than half.
For information on rights and reprints, contact subscriptions@lawyerly.com.au
