Goodwill, good faith and market value

Bullimore, T.

Goodwill, good faith and market value - 1998 - Solicitors` Journal 142(8) 27 February 1998, 180(1) .

Discusses "AIB Finance Ltd v Debtors" which highlights the problems that can arise when mortgagees in possession sell their security for too little. This particular case also dealt with the duty to be imposed upon a mortgagee whose advance is also secured on the goodwill of a business operating out of that property.


AIB FINANCE LTD V DEBTORS
GOODWILL
LENDERS SECURITY
MARKET VALUE
POSSESSION