Best price reasonably obtainable – what it means for receivers
I acted for a bank in successfully defending at trial a claim that it had sold a repossessed property at an undervalue: Aodhcon v Bridgeco [2014] EWHC 535 (Ch). The duty on receivers is analogous to the duty on mortgagees, and in this article published by Lexis PSL I draw on the caselaw to provide practical advice for … Continue reading Best price reasonably obtainable – what it means for receivers
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