A bank was not under a full duty to advise a wife of a business client of the risks of signing a charge. The bank was not giving independent advice.
Ind Summary 05-Jun-1995,  4 Bank LR 303
England and Wales
Cited – Barclay’s Bank Plc v Varenka Goff CA 3-May-2001
The respondent executed an all monies charge over her property to secure the liability of companies in which she had no direct interest. The bank insisted that she employ solicitors to give her independent advice. The bank sought to enforce its . .
These lists may be incomplete.
Updated: 07 June 2021; Ref: scu.83710