26 May 2011
KOOKMIN BANK V BOURKE & ANOR HC AK CIV-2011-470-146
- Citation
- openlaw-fd360b16_533b_4526_9f00_e268dd3708b5.pdf
- Court
- High Court
The bank succeeded in both proceedings; Bourke pursued meritless arguments and failed to accept the bank's legal position so was ordered to pay increased costs in CIV-2011-470-146 (Category 2 Band B uplifted 200%); Chariot Wheel's case was hopeless and the second caveat was a cynical misuse of the caveat procedure, so both Bourke and Chariot Wheel were ordered to pay the bank's costs on a solicitor-client basis for CIV-2011-404-2186; bank entitled to disbursements.
- Caveat removal
- Indemnity costs
- Increased costs
- Solicitor-client costs
- Unregistered mortgage
- Termination of sale and purchase agreement