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‘Undervalued’ Lendlease land purchase roils one of Australia’s richest families
Ashurst 2021-04-20 5:33 pm By Cindy Cameronne Sydney

The children of one of Australia’s wealthiest families are locked in a legal battle, with a judge preliminarily allowing the daughter to bring derivative proceedings against her brother for allegedly giving property developer Lendlease options to buy land owned by the trust for which she is a beneficiary for a “significant undervalue”.

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Liquidator must personally pay litigation costs for ‘unreasonable’ behaviour, court says
David Eardley 2020-04-08 7:47 pm By Alison Eveleigh Sydney

A liquidator who ‘provoked litigation’ must personally pay the costs of the proceedings brought by a creditor of defunct company Azmac because of his ‘unreasonable’ handling of the company’s liquidation, a court has found.  

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