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ACCC clears Lendlease’s $1.3B property deal with Stockland
Corporate 2024-09-26 1:52 pm By Sam Matthews

The ACCC will not oppose Lendlease’s plan to sell a portfolio of residential projects to Stockland for $1.3 billion after accepting Stockland’s plan to divest a project in Illawarra. 

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Dentons chair says he ‘abhors’ offensive statements in anti-vax report
Business of Law 2024-09-25 11:19 pm By Christine Caulfield

Dentons Australia chair and CEO Doug Stipanicev has hit back at claims made in a lawsuit by a former partner over an article he shared that spewed anti-vaccine conspiracy theories.

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Alceon hit with $3M in damages for ‘misleading’ sale of Qld shopping centre
Real Estate 2024-09-19 4:34 pm By Sam Matthews

Private equity firm Alceon and a vendor have been hit with $3 million damages over the misleading sale of a Queensland shopping centre for $55 million.

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MinterEllison snags KPMG’s national real estate head
Business of Law 2024-09-18 4:08 pm By Cindy Cameronne

MinterEllison has lured the head of real estate from KPMG Law to join its firm as special counsel after the consulting giant announced it was shutting down its legal services division. 

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Real estate ‘mogul’ Sasha Hopkins to cop $1.25M penalty in ASIC case
ASIC 2024-09-13 11:45 pm By Cindy Cameronne

Self-described property ‘mogul’ Sasha Hopkins has agreed to pay a $1.25 million fine and face a four-year disqualification in proceedings by the corporate regulator.

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HWL Ebsworth defeats client’s bid for High Court review in negligence case
Professional Negligence 2024-09-05 11:49 pm By Cat Fredenburgh

The High Court has declined to grant special leave to a former HWL Ebsworth client seeking to revive a decision that found the law firm’s bad advice over property in Parramatta’s ‘Auto Alley’ cost it $2 million.

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Breakdown in friendship between ANZ, Barclays bankers unfortunate, not unfair: court
Real Estate 2024-09-05 11:23 pm By Andy Sidler

A breakdown in the relationship of two high-flying friends — former senior ANZ executive David Carr and Barclays top banker Ivan Ritossa — was not a reason to order the winding up of the pair’s property investment trust, a court has found.

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Judge’s ‘Foxy Robinson’ comment did not create appearance of bias: court
Appeals 2024-09-05 11:48 pm By Sam Matthews

Darwin Airport, which is locked in litigation with an airport hotel, has succeeded in overturning a finding of apprehended bias against a Local Court judge for referencing the nickname of the hotel’s director, local construction magnate John ‘Foxy’ Robinson.

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White & Case continues strategic growth with real estate partner in Sydney
Business of Law 2024-09-03 3:53 pm By Cat Fredenburgh

White & Case has snagged a partner from Maddocks with more than 25 years of experience in corporate real estate to assist the firm on global transactions and restructurings. 

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APIC scores early win in fight over Yarra Valley Lodge managed investment scheme
Real Estate 2024-09-02 3:16 pm By Cindy Cameronne

The Australian Pacific Investment Corporation has scored a win a dispute with Vasco Trustees over a managed investment scheme at the Yarra Valley Lodge hotel, with a judge finding that ‘evergreen’ licensing agreements are invalid. 

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