Delayed settlement bad news for buyer and seller

Falling residential property values turned into a serious problem for both the seller and buyer of a Sydney property last year. A court has ruled that when the sale fell through because the buyer could not get finance, the buyer…

Unconscionable borrowing

There has been plenty of focus on banks’ treatment of their customers recently but a court case has focused on the obligation borrowers have to act fairly in dealing with their bank. In this case borrowers took advantage of an…

Bendigo Bank loses round two in Great Southern recovery proceedings

A court has ruled that Bendigo and Adelaide Bank did not have a valid loan deed and was not entitled to recover a debt from an investor in the failed Great Southern agribusiness scheme. The Supreme Court of New South…