Bodo,
My info is the most recent attempt by K & M was set down for a full day hearing, but the judge rejected their claim in around 2 hours.
Maybe it is more than "merely rejecting some aspects of the claim" as you put it.
Yes, he is giving them a THIRD chance to present the case on behalf of their clients, but seriously, wouldn't you think they would "get it right the first time" if indeed there is a case ?
I do agree with your comments that BEN should have allowed more for write offs on the GTP loans.
But increasingly, the bank appears to be correct is its
position of not making any write offs for this.
The next court hearing listed for Feb 2011 should be interesting.
........................................................
I wish you compliments of the season.
Bendigo
oups hirst did it again..., page-2
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