24 Jul 2014
FORTES AND ANOR v BANK OF NEW ZEALAND CA612/2013 [2014] NZCA 346
- Citation
- [2014] NZCA 346
- Court
- Court of Appeal
The Bank was not arguably on notice of facts suggesting fraud that were not already known to the Fortes and their solicitor; therefore the loan did not breach reasonable standards of commercial practice under s 120(a) CCFA and the summary judgment in favor of the Bank was correctly upheld.