Bell Group Litigation - "Decision time"
October 27, 2008 Media Report (Extract)
The West Australian Supreme Court will tomorrow [i.e. 28 October 2008] deliver its findings in the Bell Group litigation saga, one of the nation’s longest running and most expensive civil actions.
Almost 13 years after proceedings commenced in December 1995, liquidators of Alan Bond’s infamous enterprise will learn the outcome of an action against a syndicate of 20 Australian and overseas banks.
Justice Neville Owen, who conducted the royal commission into the collapse of insurance giant HIH, has spent more than five years dealing with the trial of the Bell Group matter.
It has been heard over 404 court sitting days, incurred costs in excess of $300 million and involved the tender of more than 85,000 documents.
Daily Court List for 28 October 2008 (Extract)
The Bell Group Limited (in Liquidation) & Or v Westpac Banking Corporation & Ors (CIV1464/2000)
Court 1, Floor 14, 111 St George's Tce, Perth at 12:00PM WDT (GMT/UTC +9)
Seamus Byrne

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