Brokers as agents of lender

  • Stacks Managed Investments Limited v Tolteca [2015] QSC 80

    09 April 2015
    The borrower sued its former solicitor for his conduct relating to its entry into the loan. In separate proceedings the lender sought possession and the borrower counterclaims for relief founded on...
  • Perpetual Trustee v Bowie [2015] NSWSC 328

    30 March 2015
    The lender sought possession and the borrower, who was on a disability pension claimed that the loan and mortgage were unjust under the Contracts Review Act and that the lender was negligent in...
  • Citigroup v Middling [2015] NSWSC 221

    16 March 2015
    A borrower on a disability pension was conned by a loan originator to borrow against his home to make an investment that would pay off his remaining mortgage of $15,000 and give him a good return....
  • NAB v Smith [2014] NSWSC 1605

    12 November 2014
    A naive, simplistic salesman was talked into buying a two year old business where he worked as a salesman for $2 million. He had no inkling of the businesses financials but the bank did and...

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