Australia, May 14 -- New South Wales Land and Environment Court issued text of the following judgement on April 14:
1. BELL CJ: This is an appeal from a decision of Peden J (the primary judge) sitting in the Real Property List of the Equity Division of the Supreme Court of New South Wales: Songshan Guo v Option Holdings Pty Ltd [2024] NSWSC 1506 (PJ or primary judgment).
2. The appeal arises out of a Commercial Loan Agreement (the Loan Agreement) entered into on 3 February 2021 by the Respondent, Mr Guo, with the First Appellant, Option Holdings Pty Ltd (Option Holdings), and a Guarantee (the Guarantee) provided by the Second Appellant, Mr Cao. The Guarantee included a charge over two properties located on Pitt Street and Sussex Street (t...