Malcolm Turnbull’s son was ordered to pay the legal costs of his father’s former colleague and friend after rejecting three settlement offers in an ultimately unsuccessful lawsuit.
Former prime minister’s son Alex Turnbull filed a lawsuit seeking $12 million from Pengana CEO Russell Pilemer’s company in 2020, and his family was made to Pengana in 2017. He claimed that he had been tricked into accepting cash to pay off the loan.
This lawsuit high profile sydney business It also included allegations that Malcolm Turnbull tried to cover up his financial assets during his political career by giving $6 million in “gifts” to his children.
the case is threw away earlier This month, Judge Kate Williams found Alex Turnbull “willing to lie” during cross-examination and gave “false” and “selfish” evidence. ordered Alex Turnbull to pay defendant’s costs.
The latest ruling focuses on Pillemer’s attorneys giving Alex Turnbull three opportunities to release his firm from proceedings. All three proposals were rejected.
Pillemer’s attorneys attempted the first settlement in September 2020, offering $180,000 to Alex Turnbull’s firm. In this proposal, each party would bear its own costs, and Alex Turnbull was given his seven-day period to respond. he did not accept.
The following year, on July 5, Pilemar’s team made another offer to pay Alex Turnbull’s company the full $150,000 to dismiss the matter. This offer was valid for him for 14 days, but Alex Turnbull did not accept the offer again.
Pilemar’s team submitted a final offer to settle for $250,000 on September 13, 2021, two weeks before the start of the final hearing. Again, Alex Turnbull did not accept.
Alex Turnbull was ordered to pay legal costs in a failed lawsuit
Source link Alex Turnbull was ordered to pay legal costs in a failed lawsuit