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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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Property guru Sasha Hopkins converted investor funds into crypto assets, ASIC says
Financial Services 2022-06-08 3:05 pm By Sam Matthews

The Australian Securities and Investments Commission has released details of its allegations against embattled property developer Sasha Hopkins, who is the subject of several freezing orders won by the regulator earlier this month.

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Merricks Capital sues to stop former exec from working at Switzer-led boutique
Employment 2022-06-07 10:33 pm By Cat Fredenburgh

Melbourne-based hard assets investment manager Merricks Capital has filed court proceedings to block its ex-managing director and two other former employees from working at a investment boutique run by financial commentator Peter Switzer and his son Marty.

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Property developer Sasha Hopkins to face ASIC grilling
Real Estate 2022-06-03 5:13 pm By Sam Matthews

Embattled property developer Sasha Hopkins will face a compulsory examination by the Australian Securities and Investments Commission over the activities of his company A Team Property Group.

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‘This is not a computer game’: Thomson Geer rails against remote witnesses in negligenceĀ case
Professional Negligence 2022-05-26 3:50 pm By Sam Matthews

A judge has allowed three witnesses for HK Realway to give evidence by video link at an upcoming negligence trial against Thomson Geer, over protests from the firm, which said it would be inherently unfair.

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Special leave refused in dispute over $81.8M Parklea Markets sale
David Williams 2022-05-20 3:20 pm By Cindy Cameronne

The High Court has refused Sydney retail personality Con Constantineā€™s bid to challenge a $4.25 million judgment in his favour over the $81.8 million Parklea Markets sale in 2016.

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Opal Tower class action reaches eleventh-hour settlement before 40-day trial
Construction 2022-05-19 10:54 pm By Sam Matthews

A long-running class action over the Opal Tower disaster has settled,Ā along with two related cases over the defective building, as a five-week trial was set to begin.

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Perth Airport misled United in lease negotiations, lawsuit claims
Contracts 2022-05-18 4:17 pm By Sam Matthews

United Petroleum has taken Perth Airport to court, arguing it was induced to enter a $900,000 lease and construction agreement at the airportā€™s central precinct with empty promises of redevelopment at the site.

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Hall & Wilcox snags property partner from Gadens
Real Estate 2022-05-16 2:34 pm By Sam Matthews

Hall & Wilcox has appointed a new partner to join its real estate practice in Brisbane, the second partner appointment in as many months at the firm’s Queen Street offices.Ā 

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