Aussie Home Loans boss ordered to pay back damages to Sydney law firm

‘The party of the decade’: Aussie home loan boss john Symond to splash $7MILLION on a lavish four-day 70th birthday party dubbed the Grand Voyage on his superyacht in Monaco

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On top of almost $5 million in damages, Gadens Lawyers has been ordered to pay legal costs plus interest accrued by John Symond in a long-running dispute over negligent tax advice. Baker & McKenzie acted for Symond in the four-year-long case that culminated in a ruling against Gadens earlier this.

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Aussie John sues law firm over $11m tax debt. Mortgage broker entrepreneur and founder of aussie home loans, John Symonds, is suing his former law firm over legal advice about a restructuring of Aussie Home Loans which left him with a tax debt of $11 million.

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The effect of the deal was to enable Credit Suisse, the bank hired by Treasury to implement OzCar, to maintain its $5 million in fees, despite the fund being scaled back from $2 billion to $1.3bn. The Weekend Australian can reveal that John O’Sullivan, the chairman of investment banking for Credit Suisse, donated more than $20,000 to the Wentworth Forum, the Opposition Leader’s political.

Aussie Home Loans founder John Symond has been ordered to pay back $1.5 million in damages to a sydney law firm after he sued them over advice that got him into tax trouble. Mr Symond was awarded.

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