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settlement News

Wednesday September 19, 2018

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BOQ Wary of Increased Settlement Risk
Residential
Friday December 2 2016

BOQ Wary of Increased Settlement Risk

Bank of Queensland chairman Roger Davis says the lender is cautious over the state of the Australian housing market, with concerns emerging in its key Brisbane...

Negative Impact from Australia’s Apartment Boom Starting to Hit: RBA
Residential
Monday October 17 2016

Negative Impact from Australia’s Apartment Boom Starting to Hit: RBA

The risks of oversupply the Brisbane and Melbourne apartment markets are "coming to the fore", the Reserve Bank warns.

How Building Cases Are Lost
Business
Monday September 5 2016

How Building Cases Are Lost

If a building dispute runs to conclusion, there will obviously be a winner and a loser. Yet those whom become disillusioned with jurisprudence will be entitled...

Getting Paid After a VCAT or Court Win
Business
Wednesday August 10 2016

Getting Paid After a VCAT or Court Win

It is a sad truth that it is relatively common in practice for a builder for example to sue for damages, win the case, and then...

Clem7 Investors Receive $121m Settlement
Business
Thursday June 2 2016

Clem7 Investors Receive $121m Settlement

Investors burnt by the collapse of the company that operated Brisbane's Clem7 toll tunnel will receive a $121 million in a court settlement.

Settlement Risk Grows as Apartment Construction Booms
Residential
Tuesday May 31 2016

Settlement Risk Grows as Apartment Construction Booms

Risks associated with new apartment purchases not proceeding to settlement upon completion of developments is growing amid a tightening of lending conditions and a massive pipeline...

Can Adjudication Applications be Withdrawn if the Parties Settle?
Business
Tuesday May 3 2016

Can Adjudication Applications be Withdrawn if the Parties Settle?

It is often the case that respondents to an adjudication application seek to have the claimant withdraw the application on the promise of payment or a...

Proportionate Liability and its Impact upon Building Disputes
Business
Wednesday March 30 2016

Proportionate Liability and its Impact upon Building Disputes

Proportionate liability is a legal apportionment doctrine that was introduced in Australia in the early 1990s. By the 21st century, the doctrine had spread well beyond...

CSR Faces $NZ9.5m Bill for Leaky Schools
Business
Sunday September 14 2014

CSR Faces $NZ9.5m Bill for Leaky Schools

CSR Building Products (NZ), a unit of the ASX-listed building products maker, faces a bill of up to $NZ9.5 million after cutting a deal with the...

Business
15 Jul, 2014
Citigroup to Pay $US7bn Over Mortgages

Citigroup will pay $US7 billion ($A7.5 billion) to settle allegations that it misled investors in its sale of mortgage-linked securities ahead of the financial crisis.

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