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Thorn Group latest lender caught up in alleged Forum Finance fraud
Financial Services 2021-07-19 10:15 pm By Christine Caulfield

Thorn Group is the latest lender ensnared in an alleged $400 million fraud by Forum Finance, with potential funds of up to $2.2 million tied […]

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Clive Palmer takes fight with Queensland Nickel liquidators over $102M debt to High Court
Restructuring & Insolvency 2021-07-16 10:33 pm By Miklos Bolza

Clive Palmer will seek special leave from the High Court to appeal a ruling from the Queensland Court of Appeal ordering him to return $102 […]

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Judge questions ‘extraordinarily large’ legal fees in $30M Westpac class action settlement
Class Actions 2021-07-16 8:58 pm By Miklos Bolza

A judge has questioned the legal disbursements sought to be approved in a $30 million class action settlement against Westpac over allegedly excessive life insurance […]

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Witness who won’t undergo quarantine can testify by video link in ex-Quintis boss’ trial
ASIC 2021-07-16 4:36 pm By Cat Fredenburgh

A judge has allowed a key US-based witness in ASIC’s case against former Quintis director Frank Wilson who will not submit to 14 days in […]

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Forum Group director stuck overseas after testing positive for COVID-19, court hears
Financial Services 2021-07-15 10:01 pm By Miklos Bolza

The director of the Forum Group companies accused of a $360 million fraud involving at least three major banks can’t return to Australia from Greece […]

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In third bank action brought over Forum Finance scandal, SMBC seeks $99M 
Financial Services 2021-07-14 6:34 pm By Miklos Bolza

Japanese banking giant SMBC has emerged as the latest lender with exposure to an alleged fraud carried out by Sydney-based Forum Finance, with proceedings filed […]

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Fight brewing over competing pelvic mesh class actions against Boston Scientific
Class Actions 2021-07-09 9:57 pm By Christine Caulfield

Despite a judge’s urging for the parties to arrive at a “pragmatic solution”, the lawyers behind competing pelvic mesh class actions against Boston Scientific will […]

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Forum Finance placed in liquidation, with ‘peripatetic’ director still abroad
Financial Services 2021-07-09 3:15 pm By Miklos Bolza

The Federal Court has ordered the winding up of Forum Finance, which has been accused by Westpac and French investment bank Societe Generale of a […]

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Forum Finance boss headed back to Australia to face $263M fraud claims, court hears
Financial Services 2021-07-07 4:51 pm By Cat Fredenburgh

The director of Forum Finance, which has been accused by Westpac and Societe Generale of a $263 million fraud, is in Europe and will return […]

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HWL Ebsworth avoids hit from $263M Forum Finance scandal
Financial Services 2021-07-06 9:48 pm By Miklos Bolza

Law firm HWL Ebsworth says it has avoided any negative financial impact from its connection with Sydney financial firm Forum Finance, which has been accused […]

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