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.
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.
Roberts Co has appealed a decision which required it to pay the entirety of subcontractor Sharvain Facades $3.2 million payment claim, despite it being filed after hours on a Friday.
The administrators of the company claiming to own the Whyalla Port have more time until a second creditors meeting to investigate a proposed DOCA as well as a $1.3 billion proof of debt served by Whyalla steelworks operator OneSteel.
A court has appointed provisional liquidators to Melbourne developer Lion Property Group after hearing that $120 million of investor money was not properly accounted for.
A defects case over an apartment complex in the Sydney beachside suburb of Maroubra has turned ugly, with a lawyer for the builder accusing the owners corporation of having a “tantrum”.
Real estate fund manager Dexus has sued wealth management firm AMP following a decision forcing it to sell its half of the $1.7 billion Macquarie Shopping Centre.
The owners of land acquired to build a Melbourne freeway have asked the High Court to overturn an “erroneous” appeals court decision which left them with $2 million for land worth over $30 million, saying the case raises important questions about the Land Acquisition and Compensation Act.
Referring to a “growing problem” noticed by the Federal Court, a judge has slapped a law firm in a native title case with costs for its use of artificial intelligence to generate false document citations.
A luxury Aqualand development in Milsons Point can’t undo a $10.6 million freezing order granted to the owners corporation to address the risk that funds would be unavailable to meet its claim for damages to remedy alleged defects.