‘Moral victory’ for farmers against ANZ’s interest rate swaps
“Gap in the law” prevents judge from awarding farming couple damages.
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Hawke’s Bay
In a landmark ruling, a judge has found ANZ breached its duty of care when it promoted and provided interest rate swaps to a farming couple.
However, the judge denied them compensation because of “a gap in the law.”
Taranaki-based Cygnet Farms, owned by Craig Swan and Lisa Swan, took the bank
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Campbell Gibson
Tue, 29 Nov 2016
Tue, 29 Nov 2016
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‘Moral victory’ for farmers against ANZ’s interest rate swaps
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