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Construction PRO
Sydney Bondi Hotel must pay GST refund to VPAM after $60M Noah’s Backpackers buy
The company that paid $60 million for bankrupt Jon Adgemis' Noah's Backpackers hotel in Bondi Beach has been ordered to cough up $6 million in GST refunds to a Singapore special purpose vehicle that arranged a loan for the purchase.
Construction PRO
Merricks wins $46M in dispute with couple over Southern Highlands land loan
A judge has awarded investment firm Merricks Capital $46 million in its lawsuit against tech entrepreneur Peter Crown and his wife over a loan to purchase land in the Southern Highlands.
Construction PRO
Clarence Property dodges injunction in pond row at Brunswick Heads project
The NSW Land and Environment Court has rejected a bid to temporararily block developer Clarence Property from building artificial frog ponds in Brunswick Heads as part of a 123-lot residential development.
Construction PRO
Ex-Villawood director wants AFP doc share ruling iced
The former director of Villawood Management is calling for a further stay of a ruling greenlighting the land developer's bid to provide litigation documents to the Australian Federal Police for investigation of alleged criminal activity.
Maxi-Cosi maker loses opposition to rival’s car seat patent
The maker of the popular Maxi-Cosi line of child car seats has lost its opposition to a rival's patent for a child car seat designed to reduce the risk of the safety tether breaking in a crash.
Barrister found guilty of contempt in fight with chambers
A Sydney barrister has been found guilty of contempt in a fight with his chambers over $112,000 in alleged unpaid fees after he failed to follow court orders to hand over his financial documents and did not explain why he had not filed tax returns since 2016.
Construction PRO
Packhorse Pastoral can’t appeal ‘point of no return’ ruling on arbitration
Agribusiness investment firm Packhorse Pastoral has lost an appeal bid in a row with placement agent Burgoyne Capital, after its $120 million portfolio of cattle stations was put up for sale following the death of a co-founder.
Construction PRO
Raysons wins appeal in fight with owners over defects
Raysons Constructions has successfully appealed a NSW Civil and Administrative Tribunal decision in a fight with a Sydney owners corporation over major defects at an apartment complex in Meadowbank.
Loddon inmate can file class action, judge says unlikely he can rep group
A judge has allowed a prison inmate in Victoria to file a class action over alleged price gouging for products sold in the prison shop, but warned it was unlikely that he will be able to represent the 400 proposed group members.
Jon Adgemis investor Gemi loses bid for costs against ASIC
The private credit firm that backed bankrupt publican Jon Adgemis has failed in its fight for the costs of its court action against the corporate regulato over notices to produce documents it said were shielded by legal professional privilege.