Who bears the Expense of a Ranking and Sale? – Election of the Common Agent. – Can the Common Agent be a Purchaser? – Expense of an interim Warrant.
Citations:
[1795] EngR 4112, (1795) 8 Bro PC 42, (1795) 3 ER 432
Jurisdiction:
Scotland
Citing:
At Court of Session – York Buildings Co v Mackenzie SCS 8-Mar-1793
Purchase by Common Agent at Auction Voidable
The defendant was the ‘common agent’ for the sale of the assets of an insolvent partnership and purchased some of the assets at a judicial auction.
Held: The purchase was voidable, even though it was made at a sale by auction.
Who bears . .
Lists of cited by and citing cases may be incomplete.
Equity, Insolvency
Updated: 12 April 2022; Ref: scu.356457
