find the latest legal job
Senior Associate - Competition, Policy & Regulatory
Category: Other | Location: Sydney CBD, Inner West & Eastern Suburbs Sydney NSW
· Work with a well regarded Partner · Sydney CBD
View details
Commercial Litigation Senior Associate
Category: Litigation and Dispute Resolution | Location: Sydney CBD, Inner West & Eastern Suburbs Sydney NSW
· Lawyers Weekly Australia Partner of the Year 2016, Insolvency
View details
MULTIPLEX Regional Legal Counsel (Vic) | 7 to 10 years + PQE
Category: Generalists - In House | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Career defining in-house role · Tier One international contractor
View details
Junior Lawyer - Personal Injury Law
Category: Personal Injury Law | Location: Parramatta & Western Suburbs Sydney NSW
· Highly specialized practice · Challenging role with great opportunities
View details
IR Advisor/Member Advocate
Category: Industrial Relations and Employment Law | Location: St Leonards NSW 2065
· Permanent (0.8-1.0 FTE) role in a developing team
View details
Blake Dawson welcomes Bell litigation closure

Blake Dawson welcomes Bell litigation closure

LAW firm Blake Dawson has welcomed the final orders in the long-running Bell litigation, made late yesterday in Perth.

LAW firm Blake Dawson has welcomed the final orders in the long-running Bell litigation, made late yesterday in Perth. 

Blakes partners Ashley Wharton, Wen-Ts'ai Lim and Fiona Hudgson work on the trial, one of the longest civil trials ever heard in Australia, representing the successful liquidators.

Blake Dawson's managing partner, John Carrington, welcomed yesterday's decision: "The Court's final orders represent a significant victory for the plaintiffs, which was achieved as a result of the determination and persistence of the liquidator, Mr Tony Woodings, and the indemnifying creditors, in particular the Insurance Commission of WA, in seeing this long and complex matter through to final determination at first instance."

The final orders were made by Justice Owen of the WA Supreme Court following the 404 day trial and the delivery on 28 October last year, in 2,600 pages of reasons for judgment. 

Justice Owen found against a group of 20 financiers for their action in taking securities over the Bell Group whilst it was insolvent. He ultimately found in favour of the liquidators, and the trustee and the banks were ordered to pay various forms of monetary compensation including restoring the proceeds of sale from a number of Bell Group assets.

The orders made by the Court will become effective on 29 May, requiring the defendants to pay specified plaintiffs about $1.58 billion, plus costs of $82.5 million.

Carrington said the size and duration of the case had created many logistical problems for the parties and their lawyers and that it was appropriate to acknowledge publicly the manner in which the Supreme Court of WA, the Judge, the transcript and database providers and all the Court staff had managed the case so effectively over such a long period.

The Bell case "had been an important undertaking for the firm over many years and is the largest judgment ever awarded in Australia", Carrington said. 

The firm's managing partner expressed his thanks to present and past counsel and to all those who had assisted the firm's clients to achieve the success. 

See the full judgment here

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Blake Dawson welcomes Bell litigation closure
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Human body, illegal organ trafficking, ALHR
Australia poised to combat illegal organ harvesting: ALHR
The Australian Lawyers for Human Rights are calling for changes to the law so that organ trafficking...
Online service, barristers, BarristerSELECT, Stephen Foley
New online service leverages barristers’ clerks to aid briefing
A new online tool has been launched to help NSW solicitors find the most suitable barristers for the...
NSW District Court judge, Tim Gartelmann SC, next appointment,
Silk replaces outgoing NSW District Court judge
A barrister has been named as the next appointment to the NSW District Court, following the retireme...
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...