Mortgage aggregator can’t halt derivative suit over Macquarie Bank deal

Arnold Bloch Leibler 2018-03-29 11:35 am By Christine Caulfield | Melbourne

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A judge on Wednesday refused a bid by Australian mortgage aggregator Connective Group to put on hold a derivative lawsuit by a shareholder against the company’s bigwigs over the sale of 25 percent of the business to Macquarie Bank, saying there were no special circumstances justifying a stay.

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