What 3 things make you confident of winning?

  1. The Banksia receivers have concluded that the audited accounts of Banksia and therefore its prospectuses (which heavily relied on the audited accounts) were very seriously wrong.
  2. The trust company ought to have known that the audited accounts and the prospectuses of Banksia were very seriously wrong well before Banksia collapsed.
  3. The extent of the losses and the speed with which Banksia collapsed strongly suggest that there were serious failures of management and prudential oversight of Banksia by the defendants prior to their collapse.