Proportionate liability, lenders and fraudsters - some further guidance from the Supreme Court.
Mondaq Business Briefing › Nbr. 2011, January 2011
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Proportionate liability, lenders and fraudsters - some further guidance from the Supreme Court.
The decision
In Kayteal Pty Ltd v Dignan1, the plaintiff (Kayteal) lent A$780,000 to Mr Bsat on the security of a mortgage over property owned by Mr Bsat, valued by Mr Dignan and his company (the valuers) at A$1.2 million. The property was w...See the full content of this document
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