In the courts

High Court orders administration
The High Court has ordered that a company be placed into administration.

High Court enforces verbal guarantee
The High Court considered whether a statement assuring payment was an enforceable guarantee.

Guarantor's desperate arguments to avoid liability fail
This case was brought by a guarantor seeking to avoid liability under a standard form bank guarantee.

Claims made by mortgagor against bank thrown out by court
A mortgagor tried to avoid liability to his lender by contending that the loans were not made in cash, that the loans were securitised, that disclosure was not properly made under the Credit Contracts Act and that the contracts were oppressive.

Enquiries and information

For more information on any of the cases, articles and features in Financial Services Quarterly, please email Rachel Gowing or call on 64 9 916 8825.