The patrons of the disgraced war hero do not agree they should bear the costs of his failed defamation action.
, is arguing that the Seven Network Ltd and Stokes’ private company, Australian Capital Equity , should pay the costs of the defamation trial, which they bankrolled for Roberts-Smith under a loan agreement. The combined costs are estimated at $25 million.
Seven’s commercial director Bruce McWilliam attended the trial in person on at least 12 occasions and via the online stream on at least 71 occasions, according to court documents.The Seven Network offered to pay Roberts-Smith’s costs for the defamation trial and a separate inquiry into war crimes by the Inspector-General of the Australian Defence Force, in a letter dated August 6, 2019.
Under the terms of the agreement, Roberts-Smith was obligated to take whatever actions Seven required in terms of appeals or cost recovery. “In the Company’s view, the SNOL [Seven Network Ltd] legal team’s continued oversight and management of the defamation proceedings and inquiry is important for a successful outcome to the proceedings,” the agreement stated.
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