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Bankruptcy – Sequestration. Sheriff Court: In sequestration proceedings in which the respondent argued that sequestration should not be granted because the existence of a standard security in the petitioners' favour over subjects owned by her brother-in-law met the terms of s 12(3A) of the Bankruptcy (Scotland) Act 1985 in that she had thereby given or shown that there was 'sufficient security for the payment of' the debt in question, the court rejected that argument, concluded that the sheriff had erred in dismissing petition and refusing sequestration, and awarded sequestration.
Bankruptcy – Sequestration. Sheriff Court: In sequestration proceedings in which the respondent argued that sequestration should not be granted because the existence of a standard security in the petitioners' favour over subjects owned by her brother-in-law met the terms of s 12(3A) of the Bankruptcy (Scotland) Act 1985 in that she had thereby given or shown that there was 'sufficient security for the payment of' the debt in question, the court rejected that argument, concluded that the sheriff had erred in dismissing petition and refusing sequestration, and awarded sequestration.
The Bar Council will press for investment in justice at party conferences, the Chancellor’s Budget and Spending Review
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How to start a podcast? Former High Court judge Sir Nicholas Mostyn explains how he joined forces with Lord Falconer and Baroness Helena Kennedy KC to develop and present their weekly legal podcast