A court has ordered the winding up of Askk Investment Group and the unregistered managed investment scheme it operated in Beveridge, Victoria, that raised more than $11 million from investors.
Villa owners of the ill-fated Palmer Coolum Resort have flagged an impending strike out bid of a lawsuit brought by Clive Palmer, in which the mining magnate seeks to prevent the owners supporting a separate class action against him.
National law firm Sparke Helmore has denied allegations in a $1 million negligence lawsuit that it failed to properly advise a Shoal Bay property developer over the sale of two units in the coastal town, saying that it failed to receive the required instructions.
An Ashurst partner in a long-running stoush with his former Family Court judge neighbour over a property in the harbourfront Sydney suburb of Point Piper has been hit with indemnity costs for “unreasonably” pushing his case.
The ACCC is challenging a ruling that dismissed the watchdog’s claim that property investment company Quantum Housing Group engaged in unconscionable conduct in misleading investors in the National Rental Affordability Scheme, saying the legal test for finding unconsionability under the consumer law needed clarifying.
Billionaire real estate developer Harry Triguboff and his company Meriton have hit back at claims by the former group general counsel of the property giant that he was sacked after refusing to lie, saying the allegations are untenable and untrue.
The competition cop has given its blessing to Australian Finance Group’s $120 million acquisition of rival Connective Group, after raising concerns the deal could squeeze smaller players out of the mortgage aggregator market.
A judge has ordered WA-based Quantum Housing Group to pay $700,000 and its sole director another $50,000 after finding the company misled investors in the National Rental Affordability Scheme.
A court has dismissed a “harsh and draconian” class closure order sought by German cladding manufacturer 3A Composites in a class action against it over allegedly combustible cladding.
The prefab concrete company dragged into a class action over the ill-fated Opal Tower has launched its own legal volley against the engineering consultant behind the building design.