CASE ANALYSIS: LAVIN v TOPPI In Lavin v Toppi, the High Court clarified the principles governing contribution between co-sureties where one surety pays more than its share of a guaranteed debt. I. MATERIAL FACTS The first appellant (Ms Lavin) and the first respondent (Ms Toppi) were guarantors, jointly and severally liable for a consolidated loan in the amount of $7,768,000 (the loan) which was provided by the National Australia Bank (the Bank) to Luxe Studios Pty Ltd (Luxe), a company of which
Bank guarantees are contractual undertakings generally arranged by banks in order to pay, or to repay a certain sum in case of some default in performance by the principal debtor of a contract with the creditor so as to facilitate the fine flow of trade and commerce in internal and international trade. The purpose of a bank guarantee is to secure all obligations of the contractor under a contract in such a way that it ensures that the owner is compensated in case of non performance without the need
Yerkey V Jones : The Principle Expressed by Dixon J . Mr Jones intended to purchase a poultry farm for £3,300 With condition that Mr Jones should procure a second mortgage from his wife for £1000 The solicitor of the creditors prepared the mortgage and Mr Jones persuaded his wife to sign and made liable to pay £1,000. Mr Jones failed in his poultry business. Mrs Jones sought equitable remedy, claiming she did not understand the nature of the transaction and did not receive any independent legal
8(1), 211-216 Schultz, P.L., & Baker, J. (2017). Teaching Strategies to Increase Nursing Student Acceptance and management of Unconscious Bias. Journal of Nursing Education, 56(11), 692-696. doi:10.3928/01484834-20171020-11 Ziaei, T., Gorzin, M., Aval, M. R., & Behnampour, N. (2018). Effectiveness of Self-awareness based Individual counseling on self-awareness of women in reproductive age. Middle East Journal of Family Medicine, 16(1), 35-40. doi:10.5742/MEWFM.2018.93194 Wheeler, R. (2015). We All
Reflection 1 Investment styles My investment style has been shaped mainly investing for two different purposes: investment of personal savings and as a voluntary member of the Board of Directors for a $15M pension fund in one of the companies I used to work. For personal purposes, my investments were allocated in the following asset classes: real state (owned house and commercial rent fund), mutual funds (mainly invested in low risk funds and managed by a Pension fund firm, such as Old Mutual) and
up on me near the corner of the hallway of the house. Judy shared with me that Katie was spayed, what foods to feed the cat and that she was tramatized. Judy had shared with me that she took Katie to the Shelter to try to find the owners but to no aval. You see, Katie had showed up at Judy's arcadia door so Judy took her in and kept her for several months before deciding to give the cat away. When I bought Katie to my apartment, she was so frightened. She meowed all night. I called Judy to say
Avalon: Isle of Mystery The island of Avalon has been shrouded in mystery throughout the history of the Arthurian legend. Named Ynyswytryn, meaning "the glassy isle", it was famous as the Celtic paradise "The Happy Island of the Blest" (Webb 11). In the earliest religion it was believed that the souls of the dead were borne westward to "…an Island in the Western Sea, to the abode of Glast and Avallac….Thus in later times was Arthur to be borne to the 'Island Valley of Avillion' " (Webb 11).