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A judge hearing a dispute over a lot in Victoria’s Merrifield Business Park has found that the Competition and Consumer Act’s bar on contracts that substantially lessen competition does not apply to a market in land.
HWL Ebsworth boosts development expertise with acquisition of boutique
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HWL Ebsworth has acquired Adelaide law firm Botten Levinson Lawyers, boosting the firm’s environment and development law offering in the region.
Star on hook for $36.5M if no deal reached with Queen’s Wharf partners
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Troubled casino operator Star Entertainment says it will have to repay $36.5 million to its Queen’s Wharf partners if an agreement on a plan to buy out its stake in the Brisbane entertainment project is not reached by the end of the month.
Court hears of accounts ‘oddities’ as trial against Dyldam directors begins
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A liquidator has opened his case over the alleged misuse of funds by now defunct Dyldam Developments, as the court hears of “oddities” in financial records and the spaghetti-like structure of 157 interrelated entities.
Sentinel shells out $132M for office in Brisbane’s Olympics precinct
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Sentinel Property Group has purchased its most expensive office asset since its establishment, paying $132 million for a fully-leased office building in the heart of Brisbane’s Olympics precinct.
Singapore firm sells vacant Melbourne CBD office tower
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Singapore firm Roxy-Pacific Holdings has sold the iconic Melbourne House at 360 Little Bourke Street to an unnamed interstate investor.
Judge ‘nervous’ about damages notice to Isuzu class action members
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A judge has expressed his nervousness about a proposed notice to group members in a class action against Isuzu that warns them they may lose an entitlement to damages if they sell their alleged defective vehicles.
Judge vacates trial date in data scraping case against CoreLogic
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A judge has vacated an upcoming trial date in a data scraping case against US-based CoreLogic to allow the analytics company more time to respond to a “weighty” report by a forensic accountant.
ACCC clears DP World’s $174M acquisition of Silk Logistics
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The Australian Competition and Consumer Commission has given the green light to DP World’s proposed acquisition of Silk Logistics, after finding it was not likely to substantially lessen competition.
Maybe happy ending for EY after mass defection of tax team to Alvarez & Marsal
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Likening its position to the “Goldilocks zone”, EY has secured documents from rival Alvarez & Marsal as it weighs potential litigation over the mass departure of partners and staff from its international tax practice.