News Alerts

Lender’s discharge can be conditional

07 November 2012

A recent decision of the New South Wales Court in Australia and New Zealand Banking Group v Mishra [2012] NSWSC 1333 delivered by Justice Davies on 7 November, 2012 puts it beyond doubt that a lender can require as a condition of discharge of its...

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Lenders and Funders take note

18 September 2012

The High Court in Andrews v ANZ Bank, the class action challenging bank fees, has said that the law of penalties in the Court of Appeal decision in Interstar Wholesale Finance Pty Ltd v Integral Home Loans Pty Ltd (2008) 257 ALR 292 (“Interstar”)...

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Damages payable by valuers

16 August 2012

Many of our clients have asked us whether, when suing valuers, they will be able to recover the loss caused by the post-GFC slump in values. Some lenders are unable to sell properties at any price and have asked us what they can recover from valuers in...

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Mortgage and Finance Brief article features Bransgroves White Paper

14 August 2012

The Mortgage and Finance Brief, the official organ of the Mortgage and Finance Association of Australia, has done an article featuring Bransgroves White Paper on ‘External Dispute Resolution’.

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Bransgroves sends EDR White Paper to Bill Shorten MP

09 August 2012

On 9 August 2012 Bransgroves submitted its White Paper entitled Why the External Dispute Resolution regime is hurting capital availability in Australia to Bill Shorten the Minister for Financial Services.

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Bransgroves receives an acknowledgment of the EDR White Paper from the Senate

26 June 2012

On 30 April 2012 Bransgroves submitted its White Paper entitled Why the External Dispute Resolution regime is hurting capital availability in Australia.

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Variable interest rates–when are they illegal

31 May 2012

Not all variable interest rates are enforceable. Some are void for uncertainty. In this in-depth advice, we examine when a variable interest rate is enforceable and when it is void.

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Bransgroves submits EDR White Paper to the Government

30 April 2012

On 30 April 2012 Bransgroves submitted its White Paper entitled Why the External Dispute Resolution regime is hurting capital availability in Australia.

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Vella overturned -valuers now 100% liable

15 March 2012

Ever since July 2004 lenders have been forced to settle for cents in the dollar when suing valuers.

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Examinations under the Corporations Act and ASIC Act

05 March 2012

On 5 March 2012 Matthew Bransgrove presented a paper for the College of Law on Examinations under the Corporations Act and ASIC Act.

Click here to download a copy of the paper.

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