Norton Rose Fulbright

A judge has dismissed applications by mortgage broker Lendi Group and insurer ALI Group to declass a group proceeding over allegedly worthless mortgage insurance, saying it would be more efficient for the claims to advance as a class action. 

A judge has rejected bids by former Keystone director Paul Chiodo and developer Robert Filippini to stay a $150 million suit, citing investors' interests as a "powerful" factor weighing against the stay.

Property developers Paul Chiodo and Robert Filippini want to stay proceedings by Keystone's receivers over $150 million allegedly laundered through City Built's construction projects, citing "quite likely" criminal charges. 

Real estate asset manager Dexus will cover the legal costs of shareholders whose stake in Australia Pacific Airports Corporation hangs in the balance, as it reveals a $55 million book value increase.

Retailer The Good Guys has agreed to pay $13.5 million in ACCC proceedings alleging it made misleading statements about store credit.

A dispute over a scuppered transaction between the director of collapsed Keystone and the owner of the Marriott Hotel in Venice has been settled.

A judge has questioned whether he should decide a tax dispute that will impact how much damages a former HWL Ebsworth client will get in a nine year-old negligence case over a property development.

A judge has rejected GM's "back door" bid for indemnity costs from the lead applicant in a failed class action over its decision to retire the Holden brand because each group member had rejected a settlement offer before the case commenced.

A judge has found that the former liquidator of developer North Shore did not rely on an appraisal of a residential block in settling a dispute over the alleged uncommercial sale of four units in a Lane Cove development, despite finding it was likely not a genuine document. 

The date has been set for a court battle over Dexus' sale of shares in Asia Pacific Airport Corporation, a fight the operator of Melbourne and Launceston airports says needs 10 hearing days.