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Ashurst, LegalVision sued over Woolworths lease transfer advice
Real Estate 2024-07-05 11:03 pm By Cat Fredenburgh

A unit of petrol store chain EG Australia has sued Ashurst and LegalVision alleging they breached their implied duty of care through advice given to Woolworths about the assignment of a disputed Sydney petrol station lease.

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Class action by NSW local councils against insurer JLT dismissed by court
Insurance 2022-12-19 4:58 pm By Cindy Cameronne

A judge has thrown out a long-running class action on behalf of 20 local councils in NSW alleging insurer JLT Risk Solutions charged them hundreds of millions of dollars in excessive premiums over nine years.

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Court rejects evidence that Piper Alderman work properly delegated in Fogo Brazilia case
Restructuring & Insolvency 2022-08-11 11:55 pm By Sam Matthews

The liquidator of Fogo Brazilia has lost a bid for a gross sum costs order against the restaurant chain, after a judge found that legal representatives Piper Alderman did not appear to appropriately delegate, with hours of grunt work performed by a partner at the firm.

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Orix loses access fight over files in criminal case against former executives
Employment 2022-05-13 4:42 pm By Christine Caulfield

Fleet management company Orix Australia has struck out in its bid to access certain files in an abandoned criminal case against two former senior executives as it seeks to claw back what it claims are losses suffered as a result of their breaches of duty.

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KPMG liquidators can’t dodge examination over handling of Jewel of India sale
Restructuring & Insolvency 2022-03-31 5:38 pm By Cindy Cameronne

Liquidators for ready-made meals producer Jewel of India have lost their bid to dodge public examination over their alleged poor handling of the businessā€™ sale and failure to investigate potential claims against the Commonwealth Bank.

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CBRE can’t dodge Trilogy Funds case over $34.8M valuation
Real Estate 2021-12-15 9:33 pm By Christine Caulfield

Commercial real estate giant CBRE Group has lost its bid to toss proceedings brought by fund manager Trilogy claiming the company negligently valued a Queensland marina at $34.8 million in 2006 and caused millions in losses.

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Insurer JLT resists bid to expand class action on eve of trial
Insurance 2021-09-16 9:14 pm By Miklos Bolza

Insurance broker JLT Risk Solutions has opposed an application by a group of NSW councils to add misleading and deceptive conduct allegations to a long-running class action, claiming the changes would force the vacation of a five-week trial due to start in October.

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Macarthur-Onslow family feud over ‘undervalued’ Lendlease land shut down by court
Real Estate 2021-08-03 4:56 pm By Miklos Bolza

A court has shut down the latest legal spat between the children of one of Australia’s richest families, finding a lawsuit over a $200 million real estate transaction was not brought in good faith and that running the case was not in the best interests of the company involved in the deal.

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Liquidator of Fogo Brazilia faces ouster for retaining law firm investigating class action
Restructuring & Insolvency 2021-05-24 6:09 pm By Miklos Bolza

The liquidator of restaurant chain Fogo Brazilia has been ordered to hand over communications with law firm Levitt Robinson as creditors seek to oust him from his role over alleged breaches of duty relating to a class action investigation.

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‘Undervalued’ Lendlease land purchase roils one of Australia’s richest families
Real Estate 2021-04-20 5:33 pm By Cindy Cameronne

The children of one of Australia’s wealthiest families are locked in a legal battle, with a judge preliminarily allowing the daughter to bring derivative proceedings against her brother for allegedly giving property developer Lendlease options to buy land owned by the trust for which she is a beneficiary for a ā€œsignificant undervalueā€.

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