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Ousted Piper Alderman partner says sex discrimination case a matter of ‘public importance’
Business of Law 2020-03-04 2:18 pm By Christine Caulfield

A former Piper Alderman partner is seeking to revive her unlawful discrimination case dismissed last year by the Australian Human Rights Commission, saying the seriousness of the allegations and the “public importance” of protecting women leaders from discrimination were powerful reasons to allow her claims to move forward.

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Clive Palmer’s company takes another shot at shutting down class action
Appeals 2020-03-03 12:07 pm By Cat Fredenburgh

A company owned by Clive Palmer is appealing a ruling that denied its bid to temporarily block funding for a class action over the troubled Coolum Palmer Resort.

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Zango hits back at Domain lawsuit, says ads were ‘puffery’
Competition & Consumer Protection 2020-03-02 4:59 pm By Cat Fredenburgh

Property listing startup Zango has denied claims by listing giant Domain that its ads misleadingly represented that it will have listings before any of its rivals, saying the ads amounted to “puffery” but admitting that it self-reported the matter to the ACCC.

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Court blocks Clive Palmer’s bid to shut down class action funding
Class Actions 2020-02-26 3:04 pm By Miklos Bolza

A company owned by mining magnate Clive Palmer has lost its bid to temporarily block funding for a class action over the troubled Coolum Palmer Resort, with the Federal Court finding that special levies garnered from villa owners to back the proceedings were above board and legal.

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ACCC flags concerns over $120M merger of mortgage aggregators AFG, Connective
Competition & Consumer Protection 2020-02-12 11:10 am By Christine Caulfield

Australian Finance Group’s proposed acquistion of rival Connective Group has raised red flags for the competition regulator, which says the tie-up would create Australia’s largest mortgage aggregator and could squeeze smaller players out.

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Chinese investors can offload property, recoup losses from failed investment scheme
Real Estate 2020-02-06 3:05 pm By Miklos Bolza

A Gold Coast development property procured through a settlement with a Sydney-based financial advisory firm facing two separate class actions can be sold to recoup losses by investors who sank over $14 million into a property investment scheme, a court has found.

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Domain sues startup rival Zango over ‘misleading’ ads
Competition & Consumer Protection 2020-02-06 12:01 pm By Cat Fredenburgh

Online real estate giant Domain has filed a lawsuit against an up-and-coming competitor in the property listings market, alleging the startup’s ads misleadingly claim it will have property listings before any of its rivals.

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High Court won’t hear landowners case over payout for WestConnex project
Real Estate 2020-02-05 10:25 pm By Christine Caulfield

Three Sydney commercial landlords whose properties were compulsorily acquired to make way for the WestConnex project have come to the end of the road in their fight for $56.5 million in compensation, with the High Court refusing to hear their case.

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Oliver Hume faces $12M legal challenge from overseas investors
Real Estate 2020-02-05 1:16 pm By Christine Caulfield

Real estate company Oliver Hume is facing three lawsuits from overseas investors seeking to get back the $12 million they invested in a mortgage fund that provided funding to property developers.

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ASIC takes further action against company that ran ‘defective’ Sterling property investment scheme
Financial Services 2020-01-24 1:55 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has suspended the Australian Financial Services licence of a Sydney-based financial services provider that ran a property investment scheme targeting retirees, which the regulator has accused of issuing ‘defective’ product disclosure statements.

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