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Contract – Construction. Shares in a company had been used as security for a loan along with an equitable mortgage of a valuable property in France. The company whose shares had been used as security took over the loan as borrower. The lender assigned its benefit under the loan to another company. The villa was sold to the defendants in part settlement of money obtained by fraud by the man who owned the company that had taken out the loan. The lender and assignee claimed actionable interference with their rights and a breach of the loan agreement. The judge found in favour of the lender and assignee. The Court of Appeal, Civil Division upheld the judge's decision for the reasons he had given and dismissed the appeal.
Contract – Construction. Shares in a company had been used as security for a loan along with an equitable mortgage of a valuable property in France. The company whose shares had been used as security took over the loan as borrower. The lender assigned its benefit under the loan to another company. The villa was sold to the defendants in part settlement of money obtained by fraud by the man who owned the company that had taken out the loan. The lender and assignee claimed actionable interference with their rights and a breach of the loan agreement. The judge found in favour of the lender and assignee. The Court of Appeal, Civil Division upheld the judge's decision for the reasons he had given and dismissed the appeal.
The Bar Council faces both opportunities and challenges on our key areas this year
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)
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By Louise Crush of Westgate Wealth Management
A family lawyer has won a £500 donation for her preferred charity, an education centre for women from disadvantaged backgrounds, thanks to drug, alcohol and DNA testing laboratory AlphaBiolabs’ Giving Back campaign
Louise Crush of Westgate Wealth Management highlights some of the ways you can cut your IHT bill