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Forum Finance director to get $1.25M for legal funds, despite ‘Byzantine’ financials
Bill Papas' business partner Vince Tesoriero has won the release of $1.25 million to pay for his legal fees in Westpac’s fraud case against him, despite a judge’s finding that disclosure concerning his true financial position was “less than ideal” and included “staggering” discrepancies.
Funder wants $13.2M commission from confidential Opal Tower class action settlement
Although the settlement sum has not been disclosed, court documents in the Opal Tower class action reveal the litigation funder backing the case will seek $13.2 million in commission when the parties appear before the court later this year.
Epoch Capital accuses analyst of taking confidential info
Trading firm Epoch Capital has brought proceedings against a quantitative analyst who allegedly downloaded confidential information from the firm’s computers.
Logistics company drivers are independent contractors, Federal Court finds
A judge has found four drivers working with transport company Avert Logistics are independent contractors despite the business supplying vehicles for them.
Ben Roberts-Smith witnesses had ‘powerful motive to lie’, Fairfax says
Soldiers who took the stand for Ben Roberts-Smith in his defamation case against Fairfax colluded on the evidence they gave of key events, counsel for Fairfax has told a judge as a long-running trial comes to a close.
Barrister cites finding that PwC used ‘postbox’ lawyer in Noumi class action privilege spat
A fight over a global privilege claim by Noumi has been foreshadowed in a consolidated shareholder class action against the food company, formerly Freedom Foods.
Forum Finance director failed to disclose $150,000 in assets to court
Forum Finance director Vince Tesoriero has been caught out for failing to declare over $150,000 to the court, as he took the stand to defend evidence given about his financial position in Westpac’s fraud case against him.
Redbubble found liable again for infringing Hells Angels trade marks
T-shirts and face masks sold on Redbubble violate Hells Angels' trademarks, a judge has found, banning the online marketplace from further sales of infringing products and awarding damages to the motorcycle group.
Climate change class action urgent given ‘what is at stake’, judge says
A judge has put a climate change class action on behalf of Torres Strait Islanders on a tight timetable and committed herself to handing down judgment soon after trial, saying the case was one of "considerable urgency".
Nuix slams class action carriage agreement as ‘anti-competitive’
Shine and Phi Finney McDonald’s fallback plan to cooperatively run a class action against Nuix has come under fire, with the technology company urging the court to make the two firms compete against one another for sole carriage.