PK Airfinance Sarl and Another v Alpstream Ag and Others: CA 21 Dec 2015

The court was asked whether the mortgagee of the seven aircraft owed a duty to the ultimate recipient of the balance of the proceeds of the three aircraft to take reasonable steps to obtain best value when selling the seven and, if so, whether it was in breach of that duty.

Underhill, Christopher Clarke LJJ, Sir Bernard Rix
[2015] EWCA Civ 1318
Bailii
England and Wales

Agency, Contract

Updated: 09 January 2022; Ref: scu.558059