Legal precendents are everything in commercial litigation.
This is a biggie, and future cases may take less time to reach judgement or may settle early on the strength of the similarity to this precedent.
I hope that the practise of banks "perfecting their security" in order to become secured creditors, at the expense of other creditors, is now a thing of the past.
Game, set and match for ANZ's $270M, IMHO.
bell judgement and opes, page-2
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Last
$30.12 |
Change
0.080(0.27%) |
Mkt cap ! $90.21B | |||
| Open | High | Low | Value | Volume |
| $30.20 | $30.27 | $30.11 | $37.39M | 1.243M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 24387 | $30.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.12 | 2758 | 8 |
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| Last trade - 11.54am 30/08/2024 (20 minute delay) ? |
| ANZ (ASX) Chart |