The off-the-plan buyers of a luxury inner city high rise have convinced a court to void their $9.58 mil buy on the groun...
High Court rules “asset” loan to borrower with no capacity to repay, unconscionable
Asset lending is done on the basis of the value of the assets securing the loan without regard to the borrower’s capacit...
Legal intent deduced from risqué texts: lover ordered to repay “waived” sale price
Does it matter in terms of the intention to create legal relations, that the parties to a commercial enterprise are also...
Professional services partnership dissolution: active files held to have nil goodwill value
Should a partner of a professional services firm in financial distress who takes over the active matters by agreement wi...
Judge attacks consumer body for delay in adjudicating financial services complaints
A Brisbane court has rebuked the Federal financial complaints body for prolonged delays in its adjudication of financial...
Lessor sells; wins $200k for lessee’s breach over remaining 4 yrs of term
When can a lessor continue to enforce covenants in its favour after the transfer of the leased property to a third party...
Seller fails to pay $1 put option fee, buyer says: “you can’t make us settle”
AFL WAG Rebecca Klodinsky and then partner Greg O’Shea have been ordered by a Brisbane court to pay almost $300k to a pr...
“We’ve got a deal”: email without electronic signature falls short on $2 mil buy
The receivers of a distressed FNQ beach resort have fended off a desperate bid from a disappointed would-be purchaser &#...
Boundary excavation from 30 yrs past subsides: neighbour faces $490k lawsuit
Is a neighbour who excavates on a boundary line below the ground level of the adjoining property, liable for damage caus...