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William Inglis & Son waived privilege over Norton Rose Fulbright emails in land spat
Real Estate 2022-06-28 4:54 pm By Sam Matthews

Australiaā€™s oldest thoroughbred auctioneer William Inglis & Son waived legal professional privilege over advice from its solicitor Norton Rose Fulbright over contamination of land it bought in 2009, a judge has found.

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Arnold Bloch Leibler recruits KWM partner for property team
Real Estate 2022-06-28 5:38 pm By Sam Matthews

Arnold Bloch Leibler has picked up a new partner from King & Wood Mallesons to bolster its property and development practice.Ā 

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Law firm fends off appeal in spat with ex-client over $24.5M development
Professional Negligence 2022-06-27 11:21 pm By Christine Caulfield

Rigby Cooke has prevailed in an appeal by a former client that challenged a ruling for the law firm over a $24.5 million East Melbourne development.

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Merricks Capital secures undertakings from defecting employees
Employment 2022-06-24 6:30 pm By Christine Caulfield

Melbourne-based hard assets investment manager Merricks Capital has won undertakings from its ex-managing director and two former employees who defected to an investment boutique run by financial commentator Peter Switzer and his son Marty.Ā 

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Hutchinson’s ‘monstrous’ claim survives in case over $153M Port Melbourne development
Real Estate 2022-06-22 10:00 pm By Cindy Cameronne

Construction giant Hutchinson has succeeded in bringing claims against a related entity of a Port Melbourne property developer over a $153 million project after alleging the developer was a “company of straw” that had no assets.

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Sparke Helmore had paralegal ā€˜at the helmā€™ of botched land sale, court told
Real Estate 2022-06-21 10:08 pm By Cindy Cameronne

Law firm Sparke Helmore negligently failed to alert a NSW developer to an imminent deadline for two land sale contracts in a troubled $30 million development because a paralegal, rather than a solicitor, was ā€œat the helmā€, an appeals court has heard.

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Squirrel Super must pay $55,000 for brochure that inflated real estate returns
Financial Services 2022-06-20 3:03 pm By Christine Caulfield

Despite previously remarking that the penalty was “a bit light on”, a judge has ordered Squirrel Superannuation to pay $55,000 for false and misleading marketing linked to property investment for investors with self-managed superannuation funds.

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ā€˜Parlous situationā€™: Mascot Towers owners file court bid to sell troubled buildings
Construction 2022-06-17 4:51 pm By Cindy Cameronne

Owners of Sydneyā€™s Mascot Towers are facing a ā€œparlous situationā€ as they file an urgent court bid to sell the two buildings after $16 million was spent to repair structural cracks that made the apartments unliveable.

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ACCC flags competition concerns with Dye & Durham’s $2.9B bid for Link
Competition & Consumer Protection 2022-06-16 5:37 pm By Cat Fredenburgh

The ACCC has raised concerns that Canada-based Dye & Durham’s proposed $2.9 billion acquisition of technology services provider Link could harm competition in the market for digital conveyancing services.

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CBRE offered to pay $600,000 before winning $20M negligent valuation case
Professional Negligence 2022-06-10 1:28 pm By Cindy Cameronne

A court has handed CBRE indemnity costs for successfully defending a negligent land valuation lawsuit by defunct fund manager City Pacific after it had offered $600,000 to settle the case.

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