Problem: Read NZI Capital Corp v Child (1991) 23 NSWLR 481and the Summary of the Judgment which is attached and have been published in social media.
Rebecca, the social media manager of your firm, has asked you to draft a blog for the firm's social media page on the NZI Capital Corp v Child (1991) 23 NSWLR 48 case. One of the directors of the firm has said this is an important case in several ways. However, Rebecca has decided that your blog should focus on
Right to sue on personal covenant
Personal covenant = the mortgagor's promise to repay the debt owed to the mortgagee
Cannot be assigned as it does not run with the land