55 min
The Quincecare Duty in Australian Law Briefed: Commercial Law Updates
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- Business
WHAT DOES THE SEMINAR COVER?A dishonest agent of a company causes a bank to transfer funds out of the company’s account and then absconds with the money. If the agent can be found, there may be personal claims against them. If traceable proceeds can be found, there may be proprietary claims in respect of them. But what about claims against the bank?It has long been clear that banks are under a duty to refrain from executing a customer’s order if, and for so long as, the bank has reasonable gr...
WHAT DOES THE SEMINAR COVER?A dishonest agent of a company causes a bank to transfer funds out of the company’s account and then absconds with the money. If the agent can be found, there may be personal claims against them. If traceable proceeds can be found, there may be proprietary claims in respect of them. But what about claims against the bank?It has long been clear that banks are under a duty to refrain from executing a customer’s order if, and for so long as, the bank has reasonable gr...
55 min