‘No relationship’ with reality: Judge rails against ‘grossly inflated’ security estimate

Construction 2022-07-14 5:00 pm By Cindy Cameronne | Sydney

Please login to bookmark

A judge has slammed a “grossly inflated” estimate of legal costs relied on during a security for costs bid by non-bank lender Aquamore Finance in an appeal over a commercial loan accruing compound interest of 79 per cent per year.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

For information on rights and reprints, contact subscriptions@lawyerly.com.au