Australian Executor Trustees v Pachkovski [2010] NSWSC 1089

The only issue in this case was the applicable interest rate. The loan contract showed a rate of 8.4% whereas, according to the borrowers, the rate negotiated was 6.4%. The serious allegation was made that pages of the contract were changed after they had signed it. However, the judge found that the claim was entirely without substance and rejected the borrower’s evidence as not credible.

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