Arnold Bloch Leibler

The founder of Microsoft solutions provider nSynergy has been given the greenlight to bring a derivative suit against his brother and co-founder Karl Redenbach, alleging Redenbach diverted tens of millions of dollars in nSynergy’s assets — including software company LiveTiles.

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.

Members of a class action against Slater and Gordon have until Tuesday to make their case against the $36.5 million settlement hammered out by  Maurice Blackburn’s lawyers.