The High Court rules limitation periods may be waived – relevance for family loans

Price -v- Spoor [2021] HCA 20 Background In this case the High Court ruled that a person can waive their right to a statutory limitation period. Facts A borrower had granted a mortgage in 1998 to be repaid in the year 2000. The mortgage was not repaid and in 2017 the mortgagee brought [...]