John TerpuTrial Date November 08?Case M+D s52Defendants Opes +...

John Terpu
Trial Date November 08?
Case M+D s52
Defendants Opes + ANZ
Claim ANZ failed to lodge substantial shareholder notices = M+orD
ANZ on Notice due to due dilligence or should have been on notice through DD for the size of the loan or more appropriately phrased counterparty position
2005 Fsg page 5 "The client retains Beneficial Ownership etc"
Discovery Commenced and case being expanded to include ANZ logo and s671 notices
Lawyers S+G


Meleware Steel
Same as above
However client relied upon the Opes website
Which up to feb 2008 stated
"The client retains Beneficial Ownership etc"
Trial date unknown
Discovery Commenced and case being expanded to include ANZ logo and s671 notices
S+G



Dr Soh Jade Technologies Singapore
Same as above
Client was given representations by all Opes directors
Defendant includes Merrills
Which recieved 30.5% of Jades issued capital and didnt lodge a substantial shareholder notice nor make a takeover for Jade as prescribed by Singaporean Securities Law
Discovey Commencing
S+G



S+G Class Action
Represents 50 to 60 clients circa $100m in damages claimed
Defendants Opes and ANZ
Application by ANZ/Merrils to strike it out



IMF Group Action
Represents 70 clients circa $150m in damages claimed
Defendants Opes and ANZ/Noms and Greenfrog
Filed mid Oct 08. First hearing 12 Nov 08.
Lavan Legal lawyers funded by IMF



Sweeney QC Class Action / Group Action
Represents 80 clients
Action under preparation


Beconwood funded by IMF
Misleading and or Deceptive Conduct s52
Relied on Oral representations of Officers of Opes
Relied on Oral representations of Officers of ANZ Nominees
Relied upon Website + Brochure + Power Point
All the above stated same phrase
"The Client Retained Beneficial Ownership etc"
ANZ failed to lodge a substantial shareholder notice
Beconwood claims M+D for above
ANZ reponded to a section672 notice innitiated by Beconswood that it (ANZ) wasnt Beneficial Owner
Beconwood Claims M+D for above
Trial delayed to 10 Mar 09...discovery ongoing

FH Liquidators
To sue ANZ and ML for unfair charges ($270m and $500m)
Lawyers Mallesons?
Funding?
Much discovery completed

Others out there???????????