Insurance - mortgage
Insurance - mortgage
- 1996
- Estates Gazette Case Summaries [1996] EGCS 150 (1) (19/10/96) .
"Sumitomo Bank Ltd v Banque Bruxelles Lambert SA and related actions" QBD 2 October 1996. B, appointed agent in two mortgage loan agreements, is liable to make good a lender`s loss arising from a defaulting borrower.
MORTGAGE INDEMNITY GUARANTEES
MORTGAGE LENDERS
SUMITOMO BANK LTD V BANQUE BRUXELLES LAMBERT SA AND RELATED ACTIONS
UNDERWRITING
"Sumitomo Bank Ltd v Banque Bruxelles Lambert SA and related actions" QBD 2 October 1996. B, appointed agent in two mortgage loan agreements, is liable to make good a lender`s loss arising from a defaulting borrower.
MORTGAGE INDEMNITY GUARANTEES
MORTGAGE LENDERS
SUMITOMO BANK LTD V BANQUE BRUXELLES LAMBERT SA AND RELATED ACTIONS
UNDERWRITING