Leo Freckelton

A court has approved an application by liquidators of Keystone Asset Management to make an interim distribution of $100 million to investors in the failed Shield Master Fund. 

Real estate agency Belle Property is suing its Sandringham branch, alleging the franchisee is threatening to breach its agreement and good faith obligation by jumping to a new franchise network.

A surveyor who approved the use of combustible cladding on developments in Prahran, Brunswick East and Glen Iris has successfully challenged a disciplinary action that resulted in a suspension and $20,500 fine, with a tribunal finding he did his due diligence. 

Former Keystone Asset Management director and developer Paul Chiodo has been ordered to produce books in his possession as well as bank account statements of family members, as he defends himself in a case over alleged misappropriated money.

Former Keystone Asset Management director Paul Chiodo has been ordered to produce books in his possession as well as bank account statements of family members, as he defends himself in a case over alleged misappropriated money.

A developer linked to Keystone Asset Management has failed to persuade the Full Federal Court to exempt three family trusts from a $158 million freezing order.

In a class action over alleged faulty plumbing pipes produced by Fletcher Building's Iplex, construction company BGC told a court Friday it had been overwhelmed by calls for repairs to the 7,000 Perth homes fitted with the pipes.

A judge has recused herself from a case by liquidators for real estate investment firm Global Capital Property Fund against Point Bay Developments, after hearing the corporate regulator's application to wind up the fund.

Iplex Pipelines has argued builder BGC should hand over documents relating to its estimate that it will cost $123 million to fix homes it claims were fitted with faulty pipes manufactured by the Fletcher Building unit.

The liquidators of iProsperity Group want Crown to repay $55 million in company funds they say were gambled away by the real estate funds manager's directors.