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Westpac to serve Forum’s Bill Papas by text message after securing Greek phone number
Financial Services 2021-10-06 12:21 pm By Miklos Bolza

Westpac will serve court documents, including a motion for contempt, on Forum founder Bill Papas by text message after securing a Greek mobile number for […]

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Westpac wants contempt conviction against Forum’s Bill Papas but can’t find him
White Collar 2021-10-01 6:27 pm By Miklos Bolza

Westpac wants Forum Finance founder Bill Papas held in contempt of court, but the bank has hit a snag in serving its motion on the […]

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Judge rejects first ever bid for contingency fees in class action
Class Actions 2021-09-14 9:57 am By Christine Caulfield

Saying the interests of class action members “must be given primacy”, a judge has rejected the first bid for a group costs order in a […]

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Forum Finance liquidators win court ok to sell $1.2M luxury yacht
Restructuring & Insolvency 2021-09-03 9:57 pm By Miklos Bolza

Liquidators for Forum Finance have won court approval to sell a $1.2 million Mangusta luxury yacht as well as 12 properties owned by various companies […]

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Westpac settles case by senior exec who made whistleblower complaint to CEO
Employment 2021-09-02 3:41 pm By Christine Caulfield

Westpac has reached a settlement in a case brought by a former longtime employee and whistleblower who claimed the banking giant dismissed her in retaliation […]

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ASIC to hand over examination transcript in Westpac insider trading case
Financial Services 2021-09-01 5:19 pm By Miklos Bolza

ASIC has agreed to provide Westpac with the transcript of a compulsory examination of one of its traders in court proceedings accusing the bank of […]

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Judge freezes Forum Finance director’s worldwide assets
Financial Services 2021-08-27 5:34 pm By Cindy Cameronne

A judge has expanded a freezing order over assets owned by Forum Finance director Vincenzo Tesoriero to include property outside Australia, including a yacht in […]

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Westpac cops $10M fine in personal advice case, but doesn’t say sorry
Financial Services 2021-08-23 4:16 pm By Cindy Cameronne

Two Westpac units have been hit with $10.5 million in fines for providing personal financial advice during a superannuation rollover campaign, with a barrister for […]

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Forum directors funnelled millions to buy luxury cars, jewellery and racehorses, court told
Financial Services 2021-08-11 7:11 pm By Miklos Bolza

Westpac has released further details of its fraud claim against Bill Papas, founder of the Forum Group of Companies, painting a picture of an elaborate […]

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Westpac’s $30M insurance class action settlement wins court approval
Class Actions 2021-08-09 8:42 pm By Miklos Bolza

The Federal Court has given the greenlight to a $30 million settlement in Shine Lawyers’ insurance class action against Westpac and will allow post-settlement registration […]

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