The trustees appealed against a ruling rejecting their argument that in a debenture given by them to the bank respondents, their right to be indemnified in respect of expenditure under the trust deed creating the trust, had priority over the bank’s rights as chargee under the debenture.
Judges:
Lord Neiberger MR, Richards LJ, Hughes LJ
Citations:
[2011] EWCA Civ 380
Links:
Jurisdiction:
England and Wales
Contract
Updated: 06 September 2022; Ref: scu.431892
