Forum Finance director Vince Tesoriero has lost a battle to stop receivers from selling luxury properties in which he and Bill Papas hold a stake pending the outcome of Westpac’s fraud case against him.
The corporate regulator has confirmed it has questioned the brother of former Nuix CFO Stephen Doyle and might seek further examination as part of its ongoing investigation of the troubled tech company.
An appeals court has dismissed a second attempt by Meta and Instagram to shut down a misuse of market power case by a Melbourne-based social media startup.
Forum Finance director Vince Tesoriero has raised concerns about the validity of the sale of a $4 million home in Sydney inner-West suburb Rozelle where company founder Bill Papas and his girlfriend lived, but a judge has indicated any attempt to block the sale would be “hopeless”.
Astora Women’s Health says group members should accept an open $27 million settlement offer in a class action over its allegedly defective pelvic mesh devices, warning that “financial difficulties” may prevent it from meeting any judgment if the case succeeds at trial.
A judge who has been an enthusiastic lab rat in the virtual hearing experiment forced on the country’s courts by the COVID-19 pandemic has expressed doubts that he is accurately reading witnessses giving remote evidence.
A judge has suggested that a class action against the New South Wales government over a mandate requiring healthcare workers to be vaccinated against COVID-19 should be de-classed, saying it was a “straightforward point” because no financial relief was sought.
The Federal Court has issued a worldwide freezing order over the assets of Bill Papas’ partner, which includes the proceeds of the $1.13 million sale of her home in Sydney’s inner west.
Western Australia premier Mark McGowan has been ordered to appear in person in a Sydney court to give evidence at trial in a defamation case by mining billionaire Clive Palmer, but a judge has pushed back the hearing so McGowan can attend state parliament.
Clive Palmer has won his bid to view text messages between Western Australian premier Mark McGowan and the state attorney-general discussing a bill to ban the billionaire mining magnate from suing the state for $30 billion.