$1.75b Bell case on brink of settlement after truce
Brad ThompsonReporter
Key Statistics
- $700 millionsuggested settlement for the ICWA as laid out by the previous WA state government.
- $480 millionsuggested settlement for BGNV
- $430 millionsuggested settlement for the ATO
- $55 millionsuggested settlement for Bond Group UK
The warring parties in the Bell Group case are a big step closer reaching a settlement deal after agreeing to a one-month truce in court proceedings.
The suspension of hostilities in the $1.75 billion battle over Alan Bond's failed Bell Group comes after more than 23 years of court battles costing hundreds of millions of dollars in legal fees.
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