Japanese bank SMBC has brought a $33.6M lawsuit against fintech Humm Group after its subsidiary Flexirent allegedly misled the bank about receivables under allegedly forged contracts between a Forum Group entity and Veolia Environmental Services.
Bill Papas’ business partner Vince Tesoriero has won the release of $1.25 million to pay for his legal fees in Westpacâs fraud case against him, despite a judgeâs finding that disclosure concerning his true financial position was âless than idealâ and included âstaggeringâ discrepancies.
Forum Finance director Vince Tesoriero has been caught out for failing to declare over $150,000 to the court, as he took the stand to defend evidence given about his financial position in Westpacâs fraud case against him.
The law firm whose probe into allegedly defective diesel particulate filters in Toyota cars has led to a verdict worth as much as $2 billion against the car maker has launched a class action investigation into diesel particulate filter issues with two models of Isuzu utes.
A judge has dismissed a proceeding against the New South Wales government over a mandate requiring healthcare workers to be vaccinated against COVID-19, saying the applicantâs constitutional case was âlegally misconceived and must be rejected.â
ASIC has called for a $15 million penalty against GetSwift and 12-year bans against its directors, who moved the logistics company overseas as the regulator’s enforcement action was on foot, a move the court on Tuesday said was “unprecedented”.
A judge has questioned why solicitors representing Twitter personality Stock Swami published a media release about his âbackstoryâ two days before trial in a defamation case brought by mining investor Tolga Kumova.
A judge has signed off on the discontinuance of two class actions against Canberra property developers for allegedly misleading investors about GST on their apartments, after the High Court declined to review a ruling that made the cases “uneconomic” for the funder to pursue.
A judge has signed off on a $4.7 million settlement in two investor class actions against collapsed sandalwood producer Quintis, two year after an earlier settlement was scuttled as group members kicked off an insurance dispute in pursuit of a better return.
A judge has told Forum Finance director Vince Tesoriero to ârevisitâ evidence about his true financial position if he wants to win the release of $1.25 million to pay for his defence in Westpacâs fraud case against him, amid concerns about whether he has made full disclosure to the court.