Month: September 2020

Catchwords: EQUITY – unconscionable bargains – elderly person, since deceased, gives power of attorney to his eldest daughter – she uses the power of attorney to transfer the deceased’s home to her own daughter, either for no consideration, or for named consideration of $900,000 – no formal security was given after the transfer of the…

Catchwords: CORPORATIONS – not for profit – distribution of surplus on winding up – aged care home – sanction – loss of accreditation – buyer sought – representation will pay surplus to buyer – buyer increases bid – funds needed to improve facility – directions to liquidator, principles at [10]-[14] – requirements of constitution –…