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A New South Wales developer and construction company have been hit with a class action by aggrieved property owners at a Central Coast commercial development who say the building was riddled with defects, including subpar air conditioning.
A judge has rejected a bid by Clive Palmer-owned Palmer Leisure Australia to throw out legal action by the Electoral Commission of Queensland over donations the golf course management company made to Palmer’s United Australia Party in 2020.
Singapore-based real estate investment firm ZACD Group has filed a lawsuit seeking to recoup $21.3 million from defunct property group iProsperity and its missing founder Michael Gu, who fled the country in 2020 amid findings the company misappropriated millions in investor funds.
A Hong Hong-based developer has accused HWL Ebsworth of failing to advise that by using a foreign-domiciled vehicle to purchase a share in a lender that provided mortgages to overseas buyers in two of Melbourne's biggest developments it would subject the mortgages to Foreign Investment Review Board review.
The first ever amicus appointed in a fight over the wording of an opt out notice in a class action has told a court a proposed novel funding model in a case against retirement home provider Aveo Group could be a "nightmare scenario" for certain group members.
Norton Rose Fulbright has been hit with two negligence suits in a week blaming the law firm for botched property sales in Victoria six years ago.
Canada-based software company Dye & Durham has offered to divest its Australian business to win the ACCC's blessing for its proposed $2.9 billion acquisition of technology services provider Link Group.
Law firm Moray & Agnew has reached an agreement with insurer Arch Underwriting in its case seeking coverage of part of a $3.7 million settlement with Melbourne property developer Harry Stamoulis.
A judge has flagged the “regrettable” prospect of further litigation in relation the estate of Melbourne businessman Frank Cassar, following a finding that Cassar’s will was forged in a conspiracy by his widow, daughter and son who feared losing his multimillion-dollar business empire after his death.
His property development empire was saved from liquidation, but Daniel Grollo is still being hounded by creditors, with Bank of Queensland suing the Grocon CEO for the outstanding balance on a $12 million home loan.