Injunctions To Restrain The Exercise Of A Power Of Sale By A Mortgagee: When Will They Be Granted?
Mondaq Business Briefing › Nbr. 2009, January 2009
Linked as:
Summary
Uniting Church Trust Association Limited into mortgage repayment cases with Australian Barter Currency Exchange Pty Ltd. - Case overview
See the full content of this document
Extract
Injunctions To Restrain The Exercise Of A Power Of Sale By A Mortgagee: When Will They Be Granted?
Key Points: Imminent refinancing or repayment, which had been a key factor in earlier cases where there was no dispute as to the amount owing, may no longer be a necessary pre-requisite for the grant of an injunction to restrain the exercise of a power of sale by a mortgagee.
In Australian Barter Currency Exchange Pty Ltd v Uniting Church (NSW) Trust Association Limited [2009] NSWSC 607, Justice Hoeben considered an application for an injunction to restrain t...See the full content of this document
Sponsored links
