Loading

Can a lender enforce its security if it breaches the Code of Banking Practice? - Part two

Author : William Stark - 10-08-2016

5. They refinanced the Westpac loan with BankWest (which subsequently became the CBA) in 2007. The CBA eventually sued Mr Wood under a guarantee that he had given in respect of the refinance.

6. Mr Wood alleged in his defence that the CBA breached the Code by not drawing to his attention various matters required by the Code, and importantly, that he would not have entered into the guarantee had he known its full terms and effect.

7. The defence failed on the second point.

About The Author

William Stark

Recent Posts

Fraudulent activity in Property transactions

William Stark

Date : 10-01-2020

Recent developments in Property Law

William Stark

Date : 10-01-2020

Retail Leasing Seminar on 25 March 2015

William Stark

Date : 10-01-2020

Review of the PPS Act

William Stark

Date : 10-01-2020

Lending to mature aged borrowers

William Stark

Date : 10-01-2020

When does the PPSA transitional period end?

William Stark

Date : 10-01-2020

Strategic Use of Guarantees

William Stark

Date : 10-01-2020

High Court to hear appeal about Willmott

William Stark

Date : 10-01-2020

Personal Property Security Law Conference

William Stark

Date : 10-01-2020

PPSR data migration issues update

William Stark

Date : 10-01-2020

Retail Leases Seminar

William Stark

Date : 10-01-2020

Recent developments in Property Law

William Stark

Date : 10-01-2020

New form of contract of sale of real estate

William Stark

Date : 10-01-2020

What's hot in mortgage enforcement?

William Stark

Date : 10-01-2020

New form of contract of sale of real estate

William Stark

Date : 10-01-2020

Severance of joint tenancies update

William Stark

Date : 10-01-2020

2023 Case Law Update

William Stark

Date : 10-01-2020

Solicitor's Certificates - Tips and Traps

William Stark

Date : 10-01-2020

Loading
Can a lender enforce its security if it breaches the Code of Banking Practice? - Part two | Greens List