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High Court awards businessman $27M over Securency ‘shabby fraud’
The High Court has awarded $27 million in unpaid commissions to a Nigerian entrepreneur tricked into terminating his contract with international bank note manufacturer Securency, reversing a Full Court judgment which slashed his award.
High Court to hear Securency appeal after $65M ‘shabby fraud’ award slashed
The High Court has granted a Nigerian agent tricked into terminating his contract with international bank note manufacturer CCL Secure special leave to appeal a Full Federal Court judgment slashing a $65 million award in his favour.
Banknote maker CCL Secure wins dramatic cut of $65M judgment in ‘shabby fraud’ case
An appeals court has slashed a damages judgment against international banknote manufacturer CCL Secure in a case alleging it tricked its Nigerian agent into signing away his commission, cutting the award from $65 million to $1.8 million.