IOOF Loses Out on AET Ruling Claim, as IMF Bentham Shines

Posted on 10/01/2019


On September 26, 2019, the Supreme Court of New South Wales ruled that Australian Executor Trustees Limited (AET) should pay claimants A$ 82.46 million minus the receiver costs of approximately A$ 1.6 million. The court judgement was levied to compensate for damages derived from the S.E.A.S Sapfor Forests Pty Ltd (Auspine) scheme. Litigation funding firm […]