The duty of care of a lender to get the best price for repossessed properties, was not broken when the business closed before repossession, and the property was not sold as a going concern.
Citations:
Times 11-Mar-1998, Gazette 08-Apr-1998
Jurisdiction:
England and Wales
Citing:
Appeal from – AIB Finance Ltd v Debtors ChD 10-Apr-1997
A Statutory Demand is only finally decided after the failure of a set aside application. . .
Lists of cited by and citing cases may be incomplete.
Banking, Insolvency
Updated: 10 May 2022; Ref: scu.77681