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The receiver for Banksia Securities — the failed lender at the centre of a scandal-ridden class action — has argued a new case accusing him of serious misconduct is vexatious and wants a court to release him from the claims.
Construction PRO
Real estate investment trust Dexus Industria REIT has agreed to acquire two warehouses in Melbourne’s south-east for a combined price of $47.5 million.
The Australian Financial Review has hit back at a defamation suit by the owner of Melbourne jazz venue Bird’s Basement over articles about a former employee’s now-discontinued suit, saying the articles were a fair report of public documents.
A tribunal has recommended that lawyer and wealth guru Dominique Grubisa be struck from the roll of practitioners over conduct that included hiring a private investigator to look into another solicitor.
Construction PRO
A Melbourne developer has sued its director, alleging that he unlawfully issued himself shares in an industrial estate development in Epping using a “simulated” signature, a claim which the director denies.
Shine Lawyers has come under fire from a judge, after the firm filed an application to materially vary a 24.5 per cent group costs order in a settled shareholder class action against EML Payments.
Construction PRO
Renewables company ACEN has won the Albanese government's approval to build its 900 megawatt Valley of the Winds project in Coolah, NSW.
Construction PRO
Intrapac unit Brencorp has filed a suit against Casey Group, alleging the rival property developer devised an “underhand” deal to swindle it out of the acquisition of a golf club in southeast Melbourne.
A judge has ordered the NSW government to pay $93,000 in damages to the lead plaintiff in a class action over police strip searches at music festivals, finding a “conspicuous deficiency” in the training of officers.
Construction PRO
Property valuer M3 Property has denied claims that its lease valuations were incorrect and led to tenants of Adelaide's Rundle Mall being overcharged and says that if it is found liable, brokers CBRE and JLL should be on the hook as well.