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Mortgage – Sale. The Court of Appeal, Civil Division, held that, where a mortgagee sold the mortgaged property, the mortgagee's duty to act in good faith and for proper purposes, and to take reasonable care to obtain a proper price, arose in equity and was owed only to those with a recognised interest in the equity of redemption of the mortgaged property. A mortgagee of seven aircraft, in carrying out a sale of six of the aircraft, owed no such duty to the ultimate recipient of the balance of the proceeds of sale of three other aircraft the equity of which had been cross-collateralised against the debt in respect of the seven mortgaged aircraft, where the ultimate recipient had no recognised interest in the equity of redemption in the seven aircraft.
Mortgage – Sale. The Court of Appeal, Civil Division, held that, where a mortgagee sold the mortgaged property, the mortgagee's duty to act in good faith and for proper purposes, and to take reasonable care to obtain a proper price, arose in equity and was owed only to those with a recognised interest in the equity of redemption of the mortgaged property. A mortgagee of seven aircraft, in carrying out a sale of six of the aircraft, owed no such duty to the ultimate recipient of the balance of the proceeds of sale of three other aircraft the equity of which had been cross-collateralised against the debt in respect of the seven mortgaged aircraft, where the ultimate recipient had no recognised interest in the equity of redemption in the seven aircraft.
The Bar Council faces both opportunities and challenges on our key areas this year
Exclusive Q&A with Henry Dannell
Casey Randall of AlphaBiolabs discusses the benefits of Non-invasive Prenatal Paternity testing for the timely resolution of family disputes
By Louise Crush of Westgate Wealth Management
Have you considered being a barrister in the British Army? Here’s an insight into a career in Army Legal Services
Rachel Davenport, Co-founder and Director at AlphaBiolabs, discusses the role that drug, alcohol and DNA testing can play in non-court dispute resolution (NCDR)
Sir Nicholas Mostyn, former High Court judge, on starting a hit podcast with fellow ‘Parkies’ after the shock of his diagnosis
‘Hard work and commitment can open doors. I believe that I am proof of that,’ says Senior Treasury Counsel Louise Oakley. She tells Anthony Inglese CB about her journey from Wolverhampton to the Old Bailey
What's it like being a legal trainee at the Crown Prosecution Service? Amy describes what drew her to the role, the skills required and a typical day in the life
Barbara Mills KC wants to raise the profile of the family Bar. She also wants to improve wellbeing and enhance equality, diversity and inclusion in the profession. She talks to Joshua Rozenberg KC (hon) about her plans for the year ahead
The winning essay is ‘A fiction of defendant participation: Single Justice Procedure offences should be moved to the civil jurisdiction’ by Hal McNulty