The pursuers seek a declarator that a standard security granted by Mrs Gorman in favour of the Society over a house at 42 Russell Street, Johnstone ‘gives the pursuers, in competition with the defender, a prior right over those subjects (and the proceeds of any sale of them) to the extent of the sum owed by Mrs Gordon to the pursuers’.
Judges:
Lord Eassie
Citations:
[2000] ScotCS 44
Links:
Jurisdiction:
Scotland
Insolvency
Updated: 15 May 2022; Ref: scu.163784