Samuels Finance Group plc v Beechmanor Limited (trading as Hurstwood Developments) and others
Samuels Finance Group plc v Beechmanor Limited (trading as Hurstwood Developments) and others
- 1994
- Property and Compensation Reports (1994) 67 PCR 282-287(6) .
CA 20 May 1993. Land law - 1988 legal charge over properties as security for loan - under clause 12(2) variation not to affect sureities liability - 1989 re-financing arrangement - claim for possession of properties charged - whether sureties bound - whether 1989 agreement amounted to variation or novation - whether Statute of Frauds applied.
LEGAL CHARGE
STATUTE OF FRAUDS
CA 20 May 1993. Land law - 1988 legal charge over properties as security for loan - under clause 12(2) variation not to affect sureities liability - 1989 re-financing arrangement - claim for possession of properties charged - whether sureties bound - whether 1989 agreement amounted to variation or novation - whether Statute of Frauds applied.
LEGAL CHARGE
STATUTE OF FRAUDS