The “earn out” has its origin in private equity deals where the seller commits to a projected earnings level to accommod...
Law clerk walks out on settlement after 5 min delay, seller keeps deposit in no-show
Lawyers skilfully avoid the sudden death consequences of last-minute delays in documentation or showing up late to a set...
Flood waters recede, financial risks peak: solicitors warned on time-critical transaction steps
Queensland solicitors have been warned to take special care to avoid financial risks posed by flood induced delays to cr...
Investor perishes as Altitude takes toll
A $3.27 million investment with property fund manager Securcorp, was induced by assurances of a “safe and secure” ventu...
Buyers walk on PAMDA conflict, reform remains distant
The Supreme Court last month ruled on the PAMDA derailment of a successful off-the-plan sales campaign by distressed Mud...
E-bay torch starts house fire, traders defend damages claim
The call came in the early hours. Martin Cowley heard the landlord repeat the news. “17 Burlington Street is in flames”....
Gold Coast agents in conjunction brawl amid PAMDA confusion
An exclusive listing agent who cancelled a written conjunction agreement just days after the other agent’s client signed...
Arbitrary penalty interest argument edges closer to seismic High Court ruling
The legality of penalty interest charges levied by mortgage lenders on “defaulting” domestic and commercial ...
Court orders owner to split reno profit with fixer-upper mate
A buyer of a Mt Tamborine cottage has been ordered to pay his former wife’s personal trainer half its re-sale pro...