by BD1476  16/01/2016  104 Page Views
1 Comments  Discuss legal issues that are of a general nature

I have a question that has been bugging me for 4 months. A friend of mine has a business and was owed lt of money from a client. After 5yrs of legal battles the client finally paid him although he put a Caveat on the funds in my friends account so he couldn't touch it. My friend know has as a NSW Court order agreement and taken it to his bank (ANZ) and it states both parties must remove caveats of one another's account before my friend can access the funds. If he removes the caveat on this clients account can he further hold up access to these funds (e.g.. another Caveat) Thanks.