Lawyer Alex Elliott was complicit in a plan by his late father to mislead the court and group members in the Banksia class action, to conceal conflicts of interest and to profit from the case at the expense of debenture holders, a judge has been told.
The Murray Goulburn class action run by Elliott Legal bears similarities to the Banksia class action, a case rife with scandal and offered up by opponents as proof of the problems with the class action regime. The leading lawyers were the same in both cases. In one they have abandoned any claim to their fees and have walked away from their careers. In the other they walked away with $5 million.
An appeals court has dismissed a second bid by lawyer Alex Elliott to have the judge overseeing the Banksia class action disqualified from hearing claims that he, like his late father, was party to an alleged fraudulent scheme in running the litigation.
Australian food manufacturer Freedom Foods has taken US almond supplier Blue Diamond to court over a disputed licencing deal under which it sells Almond Breeze almond milk in Australia.
An appeals court has set aside an order requiring Alex Elliott, the son of the funder behind the Banksia securities class action, to give a āfull and frankā explanation of his role in an alleged fraudulent scheme to inflate legal fees in the case.
Alex Elliott, the son of former Banksia Securities class action lawyer Mark Elliott, must hand over documents revealing his financial interests in his fatherās litigation funding company and law firm, after the judge overseeing professional misconduct claims against lawyers in the class action rejected his claims that the discovery was a fishing expedition.
The judge overseeing professional misconduct claims against lawyers in the Banksia class action has denied Alex Elliottās request to stay the case against him while he takes his recusal application to the Court of Appeal, branding the stay āan indulgenceā.
The judge overseeing professional misconduct claims against lawyers in the Banksia class action appeared to express āa very dim viewā of Alex Elliott, the son of class action lawyer Mark Elliott, and should not hear the case against him, a court has heard.
Slater and Gordon has brought proceedings against a sacked principal lawyer who led the firm’s largest practice in its Penrith, NSW office, seeking injunctions to prevent her from poaching clients allegedly worth over $1.3 million in billing revenue.
A court has ordered a subsidiary of Indian conglomerate Adani Group to pay more than $106 million to four coal mining companies after finding the mining company engaged in “dishonest behaviour” and misled the court.