CBA v Anastasopolios [2014] NSWSC 294

The bank sought summary judgment for the shortfall. The borrower argued that he was not personally liable, being the trustee of a family trust.

The court found that contractual documents evidencing the arrangements between the Bank and the borrower did not contain any clause which limited his liability with respect to his role as trustee of the family trust, and as such he remained personally liable.

The court found for the bank.

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