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Lendlease can’t bring new claims in an unsuccessful fight over Campbelltown plots worth $120 million, with a judge finding it was not appropriate to allow the amendments “at this very late stage”.
Sydney law firm must pay $427,000 in negligence suit over land sale
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A judge has ordered a Sydney law firm to pay $427,000 to a former client after finding it drafted a defective notice in a land sale and defended proceedings that came about because of its own negligence.
REA Group probe confirmed by competition watchdog
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The ACCC has confirmed it is investigating real estate listings giant REA Group, saying it was concerned to ensure “strong competition” in the real estate industry.
Glencore wins contract to supply Cobalt Blue’s Kwinana cobalt refinery
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Glencore has won a contract to supply Cobalt Blue with up to half of the necessary feedstock to run its new Kwinana cobalt refinery.
High Court asked to find mortgage was unreasonable director-related transaction
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The liquidators of a company created to invest in a $2.2 million Adelaide property have asked the High Court to reinstate a judgment that found a mortgage that sent the company into liquidation was an unreasonable director-related transaction and could be voided.
Charter Hall secures major tenants for $850M logistics hub
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Real estate fund manager Charter Hall has secured leases for 90 per cent of its $850 million Light Horse logistics hub in Eastern Creek, Western Sydney.
ASIC launches suit against missing ex-Blockchain Global director
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The corporate watchdog has brought proceedings against the former director of collapsed cryptocurrency exchange platform Blockchain Global for alleged violations of his directors duties.
Banksia receiver mulls release bid from case by class action members
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The receiver appointed a decade ago to claw back money for investors in failed Banksia Securities might seek the protection of a court order releasing him from proposed new proceedings, which would also target lawyers alleged to have breached their overarching obligations.
Court joins Harvey Norman class actions, appoints costs monitor
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A judge has approved a bid by two law firms to join forces in class actions against Harvey Norman, but has ordered that a costs monitor be appointed to protect against duplication.
TerraCom dragged into suit over alleged false coal certificates
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Coal producer TerraCom has been joined to a lawsuit brought by Korean Midland Power against a unit testing lab ALS Limited over allegedly exaggerated coal testing results.