Ziade Investments v Welcome Homes Real Estate [2006] NSWSC 457

In this case a company that gave mortgages to various creditors to secure past debts. These mortgages were challenged by the company’s liquidator on the grounds they were insolvent and uncommercial transactions, unreasonable director-related transactions and unfair preferences. The Court determined there was no evidence that mortgagor had entered into the mortgages in consideration for …

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