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Monthly Archives: August 2015

2 What is assignment?

Under general law, a debt or other chose in action may be assigned by two methods: legal assignment or equitable assignment. A legal assignment is absolute if the requirements of s 12 of the Conveyancing Act have been satisfied. Several steps must be taken before s 12 of the Conveyancing Act causes an assignment of […]

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1. Parties transfer property in financing transactions in a number of ways

sale of a specific loan by a lender such as a syndicated loan. reasons: to realise capital or take advantage of new lending opportunities; change the dynamics of its loan portfolio ie diversifying its portfolio; reduce its capital requirements (ie banks have to maintain a certain percentage of capital to cover for its existing loan […]

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Engineer who studied fluid mechanics and thermodynamics expert enough !

Hatziandoniou v Ruddy [2015] NSWCA 234 Accident – Truck versus motorbike Issue whether contact between truck and bike occurred in truck lane or motorbike lane, which would determine liability of truck or motorbike. AT trial evidence of engineer rejected as not expert evidence; overruled on appeal. Expert evidence not admitted Given that the central question […]

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