In order to preserve our clients' confidentiality the case results on this website are limited to those in which there has been a reported decision. However, only a small portion of the cases we act on end up going to trial. In particular, cases involving professional negligence against valuers and solicitors are almost always settled with the insurers.
Equititrust Limited v Griffith Development Company [2008] NSWSC 630
Boyle entered into an arrangement under Part X of the Bankruptcy Act and so did not take part in hearing. Woods represented himself and argued that the guarantee was unenforceable until the main security had been sold. He also claimed the lender’s principal promised not to enforce the guarantee in a telephone call. The Court found for the lender on both issues and entered judgement for $8,769,360 against Mr Boyle.
Click here for a copy of the judgment
Matthew Bransgrove is a partner and occasional lecturer for the College of Law. He has practised exclusively in the field of mortgage law and mortgage related litigation since 1998.
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