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PwC says ATO should stick to plan at upcoming privilege hearing
Accounting 2021-08-03 2:10 pm By Miklos Bolza Sydney

PricewaterhouseCoopers has objected to swathes of evidence from the Commissioner of Taxation being included in an upcoming trial over privilege, claiming the material oversteps a process put in place by the court to only examine a small sample of documents.

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Sydney Opera House takes China trade group to court for ‘recklessly’ copying logo
Ashurst 2021-08-02 1:06 pm By Bianca Hrovat Sydney

The Sydney Opera House Trust is suing a China trade group, accusing the organisation of flagrant copyright infringement for reproducing substantial portions of the iconic landmark’s trade mark-protected sail design in its logo.

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

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 Thursday after weeks of non-compliance with a judge’s orders.

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

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, his lawyer told the Federal Court Wednesday.

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

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 while defending three lawsuits that accuse him of being behind a $400 million fraud.

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Class action firm wants to intervene in FWO’s ‘entirely misconceived’ case against Woolworths
Adero Law 2021-07-22 3:46 pm By Cindy Cameronne Sydney

Employment class action law firm Adero Law is seeking to intervene in the Fair Work Ombudsman’s action against Woolworths, saying the “misconceived” proceedings have disrupted mediation in a class action against the supermarket chain for which 3,000 employees have registered.

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

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 after an alleged $400 million fraud by the equipment leasing company.

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Government challenges ‘incoherent’ duty of care in climate change class action appeal
Appeals 2021-07-20 4:44 pm By Miklos Bolza Sydney

The Commonwealth says a landmark ruling in a class action that found it has a duty of care to protect Australian children from the effects of global warming is “incoherent” and distorts its ability to balance competing interests.

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

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 remains in Greece while fraud allegations swirl.

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Thorn Group latest lender caught up in alleged Forum Finance fraud
Ashurst 2021-07-19 10:15 pm By Christine Caulfield Melbourne

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 up in the collapsed equipment leasing firm.

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