Humm points finger at Forum Finance in SMBC’s $34M lawsuit

Bridges Lawyers 2022-10-04 11:40 pm By Cindy Cameronne | Sydney

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Fintech Humm has admitted to making “misrepresentations” to Japanese bank SMBC over allegedly worthless receivables linked to Forum Finance but has denied it was negligent, claiming a Forum Group unit should share the burden of paying any damages in the $33.6 million lawsuit.

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