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Sneakerboy judgment paves way for COVID-19 rent relief until April
In a judgment that will be welcomed by retailers, a court has found that rent relief under the Federal Government’s mandatory COVID-19 code of conduct can be extended for at least six months after the regulations expire in October.
$2.5M settlement in GST class action wins court approval
A judge has signed off on a $2.5 million settlement of a class action against the developers of the Governor Place residential complex in Canberra brought by apartment owners over the GST payments on their units, with the funder of the proceedings to earn $1.9 million.
Meriton settles with sacked general counsel, says case was a ‘misunderstanding’
Billionaire real estate developer Harry Triguboff and his company Meriton have settled a dispute with the former group general counsel of the property giant, who claimed he was sacked after refusing to lie, saying the unfair dismissal case arose from a “misunderstanding”.
Judge winds up unregistered Askk land banking scheme that raised $11M
A court has ordered the winding up of Askk Investment Group and the unregistered managed investment scheme it operated in Beveridge, Victoria, that raised more than $11 million from investors.
Resort villa owners to file strike out bid of Clive Palmer lawsuit
Villa owners of the ill-fated Palmer Coolum Resort have flagged an impending strike out bid of a lawsuit brought by Clive Palmer, in which the mining magnate seeks to prevent the owners supporting a separate class action against him.
Sparke Helmore hits back at $1M negligence lawsuit by Shoal Bay developer
National law firm Sparke Helmore has denied allegations in a $1 million negligence lawsuit that it failed to properly advise a Shoal Bay property developer over the sale of two units in the coastal town, saying that it failed to receive the required instructions.
Ashurst partner hit with indemnity costs in Point Piper property feud
An Ashurst partner in a long-running stoush with his former Family Court judge neighbour over a property in the harbourfront Sydney suburb of Point Piper has been hit with indemnity costs for "unreasonably" pushing his case.
ACCC appeals ruling that unconscionable conduct requires victims to have special disadvantage
The ACCC is challenging a ruling that dismissed the watchdog's claim that property investment company Quantum Housing Group engaged in unconscionable conduct in misleading investors in the National Rental Affordability Scheme, saying the legal test for finding unconsionability under the consumer law needed clarifying.
Harry Triguboff says claims by ex-Meriton GC that he was sacked for not lying are ‘fiction’
Billionaire real estate developer Harry Triguboff and his company Meriton have hit back at claims by the former group general counsel of the property giant that he was sacked after refusing to lie, saying the allegations are untenable and untrue.
ACCC clears $120M AFG, Connective merger
The competition cop has given its blessing to Australian Finance Group's $120 million acquisition of rival Connective Group, after raising concerns the deal could squeeze smaller players out of the mortgage aggregator market.