Lederer Group, the family trust of billionaire Paul Lederer, has launched a $285 million takeover bid for commercial property fund Elanor Funds Management, telling investors “enough is enough” and that it was time for a change.
The owner of a heritage listed Victorian-era building in Adelaide’s iconic Rundle Mall has lost its challenge to a decision rejecting its application to remove a 1930s-era neon sign, with a court finding removal would affect its heritage value.
A judge has refused to force the sale of a Footscray property used for logistics services, estimated to be worth $23 million, saying an agreement by the co-owners to sell it by a deadline could no longer be performed.
Rental property manager MadeComfy has been acquired by Indian hospitality company Oyo in a deal worth $50 million.
The operator of a gym previously inside a Bankstown RSL club has scored a partial win on appeal against its new landlord, but has only received nominal damages of $10.
An employment class action against The Reject Shop can redefine group members and amend its claims, but not with retroactive effect that may have exposed the retailer to a case worth tens of millions of dollars.
A judge hearing a class action against the University of Newcastle over engineering degrees that did not provide professional accreditation has refused to sign off on a deficient opt out notice.
An appeals court has thrown out X Corp’s legal challenge to a compliance notice issued by the eSafety Commissioner to corporate predecessor Twitter over child exploitation material monitoring on its platform.
The receiver for failed Banksia Securities wants a release from claims stemming from his role, including a case by investors who lost their life savings only to be duped by the class action team that represented them.
Carpet supplier Godfrey Hirst wants more discovery to back up its claims that a competitor’s distressed business bounced back after its former general counsel — allegedly aided in part by Piper Alderman — jumped ship along with a senior manager, taking “thousands” of documents.
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