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ASIC paid more than $2m to external advisers in tennis rights case

Max Mason
Max MasonSenior courts and crime reporter

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The corporate regulator spent more than $2 million on external advisers in building and fighting its largely rejected Federal Court case against ad-land personality Harold Mitchell and former Tennis Australia president Stephen Healy.

Following a Freedom of Information request by The Australian Financial Review for the costs the Australian Securities and Investments Commission paid to external services suppliers, such as lawyers, advisers and others in relation to its case against Mr Healy and Mr Mitchell, the corporate regulator compiled a single document, which previously did not exist.

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Max Mason covers insolvency, courts, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com

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    Original URL: https://www.afr.com/companies/media-and-marketing/asic-paid-more-than-2m-to-external-advisers-in-tennis-rights-case-20201209-p56m2b