The former directors of a food-service business who sold down their shares to a new operator have been sued for the buyer’s rent arrears under a personal guarantee they signed 20 years earlier in favour of the property’s former owner. Anthony Rich acquired the Rocklea warehouse from West Pacific Properties in July 1998. Just two weeks earlier the vendors had granted a
A $4 million deal for the sale of a Cape Tribulation resort was as exotic as its location is spectacular. An 8 acre oasis in the World Heritage listed
Travers Beynon aka Candyman last week suffered a major setback to the aggressive expansion of his
A national real estate office has successfully sued its former property manager for misuse of confidential information and poaching clients.
A GP who walked out on his employment contract with the medical centre that bought out his former practice has been sued for the financial loss that resulted. Ron van Houten sold his practice at the southern end of Palm Beach on the Gold Coast at the end of 2007 to IPN Medical Centres for $320k. It was a condition of
A scrap metal company has lost the lease of its wrecking yard because it sub-let a granny flat in the on-site residence to a part time worker.
The buyer of a Kingscliff restaurant franchise who relied on what he thought was a projection of weekly sales has sued Pizza
A leading ophthalmologist who walked out on his contract at a central Queensland treatment clinic with two years left to run has appealed against a court ruling that sees him paying more than $10mil to the Victorian company against whom he promptly started up in competition. Vision Eye Institute P/L acquired Dr David Kitchen’s existing Rockhampton, Mackay and (related) Bundaberg practices in 2006
A deal for the sale of a North Queensland roadhouse documented only by a brief email exchange and expressed to be
The relatively simple sale of a Mortgage Choice franchise at Robina descended into a two-day court argument over differing interpretations