Expansion of electronic methods of effective service of documents in insolvency proceedings

Bioaction Pty Ltd v Ogborne, in the matter of Bioaction Pty Ltd [2022] FCA 436

Filed under:
Australia, Insolvency & Restructuring, IT & Data Protection, Litigation, The Commercial Bar Association of Victoria, Corporations Act 2001 (Australia)
Authors:
Christopher A Connor
Location:
Australia
Firm:
The Commercial Bar Association of Victoria
Under the NCC, money borrowed for residential property purposes must be for the borrower’s sole use

MAG Financial and Investment Ventures Pty Ltd v El-Saafin [2022] VSCA 286

The Victorian Court of Appeal has recently held that credit provided under the National Credit Code (“the NCC”) to purchase, renovate or improve residential property for investment purposes is restricted to the immediate use of the debtor.

Filed under:
Australia, Victoria, Banking, Insolvency & Restructuring, Litigation, Real Estate, The Commercial Bar Association of Victoria
Authors:
Christopher A Connor
Location:
Australia
Firm:
The Commercial Bar Association of Victoria