Please login to bookmark Close
The Belmont Citi Shopping Centre has changed hands after 27 years, with a private investor scooping up the popular NSW shopping destination for $40 million.
Appeal filed in failed class action against ex-CBA unit Count Financial
Please login to bookmark Close
Another failed class action is headed to the Full Court, with a case against ex-CBA unit Count Financial appealing a ruling that found advisors did not breach their duty to act in their clients’ best interest.
iPhone class action against Apple dropped
Please login to bookmark Close
A judge has approved a bid to discontinue a class action against Apple over updates that allegedly “throttled” the performance of iPhones, after the lawyers running the case failed to secure litigation funding.
Lawyer for Super Retail employees showed PowerPoint on damage of publicity, court told
Please login to bookmark Close
A lawyer acting for two senior Super Retail Group employees presented a PowerPoint to solicitors for the company on the damage to its share price if his clients’ allegations went public, court filings say.
Split hearings involving credit ‘untenable’ if High Court backs recusal, judge says
Please login to bookmark Close
The common practice of splitting hearings on questions of liability and penalty may become “completely untenable” when there are credit issues, if the High Court upholds a recent recusal decision, a judge has said.
Queen’s Wharf partners terminate $53M deal to buy out Star’s stake
Please login to bookmark Close
Hong Kong-based investors Chow Tai Fook Enterprises and Far East Consortium plan to terminate a $53 million agreement to buy out Star Entertainment’s stake in the Queen’s Wharf entertainment project in Brisbane.
Roberts Co creditors vote in favour of founder’s DOCA pitch
Please login to bookmark Close
A restructuring proposal by the founder of Roberts Co has won the approval of creditors of the developer, which are owed a total of $100 million.
Building materials giant CSR hit with misuse of market power case
Please login to bookmark Close
Saint Gobain-owned CSR faces litigation by an independent building insulation distributor alleging it abused its dominance by upping prices during the pandemic.
iProsperity liquidators win OK for retainer to pursue $45M claim against Crown
Please login to bookmark Close
Liquidators for iProsperity have been given the greenlight to enter into retainers with Norton Rose Fulbright to pursue claims against the defunct property group’s general manager and Crown Melbourne.
NSW landlords to face penalties for doctoring rental photos
Please login to bookmark Close
Under proposed reforms to NSW tenancy laws, businesses that publish misleading photographs of rental penalties will face penalties of up to $22,000 and face new requirements for securing renters’ personal data.