Litigation

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. 

Lendlease has filed an appeal after it failed in its bid to enforce a $120 million purchase agreement for five plots of land in Campbelltown, in a high-stakes challenge set to be heard later this year. 

Fund manager Realside and other leaseholders have launched proceedings against M3Property and a valuer, alleging tenants of Rundle Mall in Adelaide have been overcharged for rent since 2006 as a result of consistently flawed valuations. 

The developer of a Sydney apartment block has appealed a decision that awarded the owners corporation $1.95 million, arguing the owners may have manufactured a relationship breakdown to escape their obligations. 

An RSL club can raise a set-off defence against a subcontractor’s claim under the Contractor’s Debt Act, after a judge rejected the subcontractor’s argument that the defence was barred by a provision of the SOPA.