Projects - Litigation Support

Project Aged Care

Expert witness

Summary

  • Expert witness
  • Lakeside, NSW
  • Englobo Land
  • Value – $30m+ claim

Issues

  • Development was sold at a price significantly below valuation
  • Lender incurred a significant loss
  • Lender sued Valuer for negligence
  • Retained by Lender

Solution

  • Report prepared on did the lender comply with its own policies and meet responsible lending standards as well as were there deficiencies in the lender’s management of the loan
  • The Lender acted in accordance with its policies and met responsible lending standards
  • The Lender managed the loan prudently

Outcome

  • Matter was settled out of Court

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