Re B Johnson and Co (Builders) Ltd: CA 1953
A receiver of property is not managing the mortgagor’s property for the benefit of the mortgagor, but the security, the property of the mortgagee, for the benefit of the mortgagee. Section 333 was a procedural section which created no new cause of action. A case of common law negligence was not within the section. Judges: … Continue reading Re B Johnson and Co (Builders) Ltd: CA 1953