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‘Low quantum’ junk insurance class action to leave group members with ‘almost nothing’, court told
Mortgage broker Lendi Group and insurer ALI Group want to declass a junk insurance class action, telling a judge that even in a successful scenario, the more than 13,000 group members will be left to share only $2.5 million. 
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SOP adjudicator can decide if ‘new reasons’ offered for withholding payment: court
A SOP Act adjudicator had power to determine that reasons proffered by a Queensland construction company for withholding payment to a concrete subcontractor were "new reasons" and not properly made, a court has found.
Privilege waiver over Clifford Chance email doesn’t open door to discovery: court
An email to lawyers at Clifford Chance relied on to show investor Fiona Lock’s understanding of a contested $150 million profit sharing deal with trading platform Pepperstone did not open the door to further correspondence.
IAG denies claims in loyalty discounts class action
Insurance Australia Limited and Insurance Manufacturers of Australia have denied a class action's claims that they misled insurance customers about loyalty discounts by calculating their premiums using an algorithm designed to maximise renewals. 
Construction PRO
In loss for off-the-plan buyers, court finds Castle Group can proceed with Sydney land sale
Developer Castle Group can move ahead with its purchase of a block of land in south west Sydney, with a court finding that purchasers of off-the-plan lots have no present interest that can defeat Castle’s right. 
Melbourne law firm faces at least three suits in wake of declassing decision
There are at least three individual suits proceeding against Melbourne law firm Waller Legal after a class action alleging it consistently failed to bring economic loss claims on behalf of sexual abuse clients was declassed, a court has heard. 
Nine not required to post defamation apology on homepage: court
A judge has found that Nine’s apology to the former owner of collapsed budget airfare company Bestjet over unsubstantiated claims made in a story about the company’s demise was sufficient to resolve their defamation dispute. 
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Quasar Constructions director sold $24M in properties before company’s collapse, court told
A judge has said that asset preservation orders are likely warranted against the former head of collapsed builder Quasar Constructions, after its liquidator revealed he sold $24 million in property interests shortly before the company went under, but found he did not have power to make the orders. 
Construction PRO
Victoria greenlights Viva Energy’s LNG terminal
The Victorian government has given the go-ahead to Viva Energy's plans to construct a liquefied natural gas terminal in Geelong.
Construction PRO
Brazilian nickel mine shareholders win appeal in $78M sale dispute
Two Australian companies who held all the shares in Mirabela Mineração do Brasil’s main asset, the Santa Rita Mine, have successfully argued that a contract variation and their subsequent termination of the sale contract was lawful, in spite of their Brazilian counterparts' late signature.