opes mediation two, page-53

One of the biggest variations which is the DNA of an AMSLA or SLA
Is that the whole transaction has to be unwound on every 364 days ...with the loan repaid and shares re-transferred

These guys only ever did a book entry , i understand..which is farcical in comparison to proper process

These variations are so replete ..i think Justice Roddy Maegher was correct in his initial advice

IE We have come full circle after 6 months of evidence drifting to surface

For the audience Maegher is the co-author of the textbook of Equity taught in OZ Law schools

He concluded ABANDONMENT of the Amsla by both OPes and ANZ ..and they were therefore estopped from relying upon it

This workgroup on HC identified about 20 or so potential abandonments early on ..of which about half of which were indefensible ...when comparing "How they operated to How it is supposed to be done"