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The daughter of property data pioneer Ray Catelan has won a legal fight with Excelsior shareholders over claims she acquired a controlling share of the real estate private equity firm while in possession of inside information that caused a dramatic spike in the company's share price after it went public.
A judge has signed off on settlements in two class actions against a defunct Sydney-based financial advisory firm by a group of Chinese investors over a property investment and visa scheme that allegedly saw group members lose $30 million in funds.
HWL Ebsworth has successfully defended a negligence lawsuit over the $25.5 million sale of Crown-owned Sydney land to property developer PPK Group, with a court finding that the developer was actually "better off" because of the transaction.
Billionaire Clive Palmer has reached a deal to end his many legal woes with villa owners at the shuttered Palmer Coolum Resort in Queensland, a month after his $21 million settlement offer was rejected.
A judge has criticised a law firm that is suing its former client, Melbourne cafe Barfly's, for $745,000 in legal fees after the firm sought to join the brother-in-law of Barfly's owner Tony Hachem to the case.
An offer by billionaire Clive Palmer to pay $21 million for all remaining shares in villas at the Palmer Coolum Resort in Queensland and drop 14 lawsuits over resort ownership has been rejected by villa owners.
Real estate investment giant Cromwell Property Group will not get the court's help in pursuing a case of "unlawful association" against its largest shareholder, Singapore-based ARA Group, which has made a $518 million hostile takeover bid, and the family of Chinese billionaire Gordon Tang.
A law firm that negotiated a $2.4 million settlement for Melbourne's Barfly's in a negligence suit against the Bourke Street cafe's former solicitors is now in litigation itself against Barflys over unpaid fees, but a bid by the firm for the cafe to hand over $745,000 to the court in trust has fallen flat.
Clive Palmer has brought another lawsuit trying to stifle funding for a class action filed by villa owners at the deserted Palmer Coolum Resort on the Sunshine Coast.