Koovousis v Tony trustee in bankruptcy of the Estate of Vrkic [2014] NSWSC 218
A mortgagor sold his property to a purchaser and then went bankrupt. The purchaser sought an order specific performance of its contract and an order for judicial sale, which would have the effect of leaving a shortfall to the mortgagee. The law is that a court in exceptional circumstances can order judicial sale over the …
Koovousis v Tony trustee in bankruptcy of the Estate of Vrkic [2014] NSWSC 218 Read More »