Fairmile Portfolio Management Ltd v Davies Arnold Cooper (A Firm): ChD 4 Nov 1998

Where land had been charged to a bank to secure partnership borrowings, and partners were described as ‘borrowers’ and chargors as ‘mortgagor’, a non-partner chargor was not under an implied obligation himself to repay the borrowings.

Citations:

Times 04-Nov-1998

Jurisdiction:

England and Wales

Land

Updated: 06 August 2022; Ref: scu.80449