Expert witness report prepared for Valuer who was being sued by a Lender for negligence following the sale of a property by a Receiver significantly below valuation. Report found that the Lender had been negligent in its duties and the matter was settled outside of Court.
Quantity Surveyor was being sued by the Lender for negligence following the sale of a property significantly below valuation and we were asked to prepare an expert witness report. Report found that amongst other things the management of the account by the Lender was deficient. The matter was settled two days into the Court hearing.
Review of 60 pre-sales completed for a Major Trading Bank considering funding a project in North West Sydney. We undertook a review and prepared a report which noted significant deficiencies in the pre-sales contracts.
Mixed use development of 2 residential towers over shops and 4 levels of basement car parking. Misappropriation of GST refunds, builder ceased work and refused to come back to site. Mediated with JV parties and negotiated with builder to return and complete works. Negotiated with mezzanine lender which allowed the development to come out of receivership.