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‘He just hasn’t tried very hard’: Westpac slams Forum founder Bill Papas’ evidence of assets
Financial Services 2021-07-30 4:49 pm By Miklos Bolza

Westpac has told the Federal Court it has “grave concerns” about Forum Group founder Bill Papas’ evidence of his assets, contained in affidavits lodged on […]

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Forum founder Bill Papas ‘needs money’ to return to Australia, lawyer tells court
Financial Services 2021-07-28 10:22 pm By Christine Caulfield

Forum Group director Bill Papas intends to return to Australia to face $400 million fraud allegations but doesn’t have the funds for a flight home, […]

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Jones Day picks up four litigators in raid of rival US firm Quinn Emanuel
Jones Day 2021-07-26 9:57 pm By Christine Caulfield

Two months after snagging one of Perth’s top energy litigators from Quinn Emanuel Urquhart & Sullivan, global law firm Jones Day has lured another four […]

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Judge lashes Forum Finance director’s failure to comply with court orders
Financial Services 2021-07-22 9:57 pm By Miklos Bolza

A judge has issued an ultimatum to Forum Finance director Bill Papas for his “entirely unsatisfactory” conduct in failing to provide details of personal assets […]

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Westpac confirmed as largest Forum creditor, as administrators near sale of unit
Restructuring & Insolvency 2021-07-21 11:17 pm By Christine Caulfield

Administrators have lined up a buyer for a Forum Group entity, as a first creditors meeting confirms Westpac has the largest claim to any recoveries […]

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After GetSwift, judge could not hear split trial in Revlimid patent case, court told
Intellectual Property 2021-07-20 8:39 pm By Christine Caulfield

A proposal by Bristol-Myers Squibb-owned Celgene to split a second trial into two more hearings in a dispute over patents covering the pharmaceutical maker’s top […]

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Westpac wants to block Forum Finance director from leaving Australia
Financial Services 2021-07-20 3:49 pm By Christine Caulfield

With $254 million at stake, Westpac wants a court order blocking the business partner of Forum Group founder Bill Papas from leaving Australia, as Papas […]

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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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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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