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Escrow

Escrow - 2000 - Estates Gazette Case Summaries [2000] EGCS 63 .

"AIB Group (UK) plc v Hennelley Properties Ltd and others" ChD 18 May 2000. Mortgage. Borrower claiming that deed delivered on implied condition that advances be made in strict compliance with terms of facility letter. Whether deed delivered in escrow. Whether lender departed from terms of letter. Borrower's claim rejected. (Taken from headnote)

Subjects--Topical Terms:
AIB GROUP (UK) PLC V HENNELLEY PROPERTIES LTD
ESCROW
IMPLIED CONDITION
DEEDS

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