Mortgagee sale - whether mortgagee lacking good faith or in breach of duty to exercise reasonable care - s420A Corporations Law - sale initiated by invitation to tender - sale effected prior to closing date for tenders - guarantor precluded from submitting tender offer above sale price - whether mortgagee precluded from selling to non tenderer prior to closure of tender process - whether conduct of mortgagee in terms of invitation to tender misleading.
Acts Cited:
Real Property Act 1900 (NSW)
Trade Practices Act 1974 (Cth)
Case Details
Citation[2001] NSWSC 1046
CourtNSWSC
JurisdictionNew South Wales
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