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Construction PRO
A judge has remarked that the counsel fee rate guide is now 13 years out of date and no longer serves its purpose, in a ruling ordering $1.5 million in costs against Golden Eagle Property Group.
Super fund HUB24, which rejected the now collapsed First Guardian fund as an investment for members, can protect its due diligence process from getting into the hands of rival Diversa, whose members weren't so lucky.
A judge has stayed Clive Palmer’s case against the corporate watchdog until a criminal case against him is complete, expressing concerns about the factual overlap between the two matters.
Construction PRO
The judge overseeing a case by the liquidators of real estate investment firm Global Capital Property Fund won't allow two GCPF directors to appear on behalf of related companies named in the case, saying they would not be able to act “independently and objectively”.
Two units of Queensland real estate firm Coronis have lost a fight with the tax office over service fee deductions claimed for payments to related entities for the use of the Coronis trade mark, among other trust assets.
Electronics leasing company Thorn Australia has been ordered to indemnify the receivers of Castel Electronics for a $900,000 settlement with the Commonwealth after a failure to account for priority entitlements owed to workers.
Construction PRO
A judge has rejected amendments based on "buried" documents by developer Golden Eagle Property Group, in a protracted case by the receiver of parent company GGPG.
After a years-long legal battle, a judge has thrown out an unfair dismissal suit by a former TechnologyOne executive, finding he was lawfully terminated for failing to adapt to the company's management structure.
Construction PRO
CIP Group can subpoena Queensland Police, with a judge finding the timing of an ex-business partner's complaints to police may be material to a change of tack in CIP's $30 million suit over a residential development.
The Herald Sun has apologised to Victorian deputy Liberal leader Sam Groth and his wife, Brittany, over articles at the centre of a privacy and defamation lawsuit brought by the pair.