Home > Publications > Bee-lieve it or Not! Sweet justice as Farm Debt Mediation Act found to apply to micro-scale and unprofitable migratory bee operation

Bee-lieve it or Not! Sweet justice as Farm Debt Mediation Act found to apply to micro-scale and unprofitable migratory bee operation

The Supreme Court of New South Wales delivered judgment on 6 April 2016 in Secure Funding Pty Ltd v Bee [2016] NSWSC 521. This case raises important considerations for lending institutions when dealing with farm debt and security because:
1. it highlights again that a lender must genuinely know its customer, their business and the purpose for which the funds to be lent will be used; and
2. of the ramification in seeking enforcement without first participating in mediation pursuant to the Farm Debt Mediation Act 1994.

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