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Builder, developer off hook for $3M in fire safety repairs
Construction 2024-12-03 11:39 pm By Andy Sidler

A Bechara family-affiliated builder and developer of a 99-lot residential building in a Sydney suburb have avoided liability for $3 million in fire safety rectification costs.

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Property investment firm found negligent for Perth development promises
Real Estate 2024-12-03 11:13 pm By Sam Matthews

A court has found that investment mentoring firm The Property Mentors made misleading statements to investors about the estimated timeframe and returns of a failed development in Perth.

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Judge facing recusal bid clarifies relationship with litigation funder
Class Actions 2024-11-29 11:48 pm By Cindy Cameronne

A judge presiding over a class action against Fletcher Building has clarified his relationship with the director of a litigation funder which is the basis of a recusal bid.

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AMP class action ‘in search of a case’ after four years, court told
Class Actions 2024-11-29 11:00 pm By Sam Matthews

AMP has won its bid for more information on a class actionā€™s allegations that it charged excessive insurance premiums, saying the applicant appeared to be ā€œin search of a caseā€.

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NSW Police canā€™t appeal ruling on names in strip search class action
Appeals 2024-11-29 11:34 pm By Cindy Cameronne

The NSW government can’t appeal a decision that denied its bid to subpoena the names of 2,316 registered group members in a class action over allegedly unlawful strip searches at music festivals.Ā 

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Judge OKs cutting edge argument in $900M class action against CBA
Financial Services 2024-11-28 4:52 pm By Cindy Cameronne

A judge has allowed a class action against CBA and its former wealth management arm Colonial First State to add claims based on a novel theory of corporate responsibility that has implications for companiesā€™ use of AI.

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‘Replete with error’: Firm fights $5.4M security order in Macquarie class action
Class Actions 2024-11-28 11:13 pm By Sam Matthews

A law firm is challenging an order that it pay $5.4 million in a class action against Macquarie Leasing as security for the lender’s costs, saying concerns about its borrowing capacity were ā€œtheoretical and speculative.ā€

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Firm fees, funder’s cut slashed in $180M stolen wages class action settlement
Class Actions 2024-11-27 3:21 pm By Sam Matthews

A judge has approved a settlement of up to $180.4 million in a stolen wages class action against the WA government but slashed the law firm’s fees and funder’s commission.

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Keybridge shareholder can sue over $4.75M advance for Lake Como property
Securities 2024-11-27 11:00 pm By Cindy Cameronne

A judge has rejected a shareholder’s bid to wind up investment firm Keybridge Capital, but allowed it to bring a derivative suit Ā over a $4.75 million advance used for a director to purchase a Lake Como property.

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Real estate ‘mogul’ Sasha Hopkins slapped with $1.25M fine
Real Estate 2024-11-27 3:35 pm By Cindy Cameronne

A judge has ordered self-styled real estate mogul Sasha Hopkins to pay a $1.25 million penalty for luring investors to put their life savings into risky property developments.Ā 

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