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19 Mar 2009, 2:43 am
In at least two cases where dismissal motions have been granted with prejudice – the NovaStar Financial case (about which refer here) and the Impac Mortgage case (refer here) – the courts seemed particularly concerned that the defendant companies had been caught in an industry-wide or even economy-wide downturn. [read post]
31 Oct 2008, 1:55 am
As I noted in prior posts concerning dismissals in the IMPAC Mortgage case (refer here), NovaStar Financial case (here), the Standard Pacific case (here) and First Florida Home Builders of Florida case (here), courts have proven demanding in their expectations regarding the specificity of the allegations required in the claims against these participants in the subprime marketplace. [read post]
18 Apr 2012, 9:15 am
Absent the government guarantee, there would essentially be no mortgages available… period. [read post]
27 Dec 2010, 8:12 pm
10: ASIC guide on margin lending disclosure 09: Website record retention 08: ASIC consults on equity market review 08: Draft principles on open public sector information 02: Financial planners and tax agent registration 01: Contracting with Commonwealth government agencies October 2010 (23) 28: Inquiry into competition within the Australian banking sector 28: Telephone sales of general insurance products 28: Sex and Age Discrimination Legislation Amendment Bill 2010 … [read post]
