Small motel chain sues Westpac over interest rate swaps
The David and Goliath saga, which started in the High Court today, is being watched closely by the banking sector.
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A David and Goliath interest rates swap case opened in the High Court of Auckland this morning, which, if successful, could have wide-reaching impact on the banking sector.
Small North Island motel chain Silveroaks Group is suing Westpac for allegedly pressuring it to buy interest rates swaps that
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Calida Smylie
Mon, 06 Jul 2015
Mon, 06 Jul 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Small motel chain sues Westpac over interest rate swaps
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