Case law: Freeguard v the Royal Bank of Scotland (Record no. 75432)

MARC details
000 -LEADER
fixed length control field 01544cab a2200205 4500
001 - CONTROL NUMBER
control field L130066
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 050620n2005 000 0 eng u
035 ## - SYSTEM CONTROL NUMBER
System control number (Sirsi) u130066
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title eng
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Ross, Jonathan
245 ## - TITLE STATEMENT
Title Case law: Freeguard v the Royal Bank of Scotland
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2005
490 ## - SERIES STATEMENT
Series statement Property Week
Volume/sequential designation 70(23) 10 June 2005, 76(1)
520 ## - SUMMARY, ETC.
Summary, etc. Discusses the case "Freeguard v the Royal Bank of Scotland" ([2005] EWCA Civ 485) which considered a bank's responsibilities when selling mortgaged land. Freeguard claimed that the Royal Bank of Scotland had negligently sold a strip of land held as security for too low a price. She argued that as the only possible access for a development in a neighbouring field the land should, as a ransom strip, have fetched between 33% to 50% of the development value of the land as per the principle established in "Stokes v Cambridge" (J1184). As the whole site sold for £527 000, Freeguard claimed the value of strip of land should have been up to as much as £260 000 and the bank was in breach of its duty to act in good faith to the owner and to obtain the best price reasonably obtainable at the time it decides to sell. The court decided that as the bank could not have foreseen that the land would sell at double its actual value, it had not been negligent in accepting £60 000.
590 ## - LOCAL NOTE (RLIN)
Local note IKA040705
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element FREEGUARD V THE ROYAL BANK OF SCOTLAND
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element STOKES V CAMBRIDGE
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element PROPERTY-PROPERTY ACQUISITION AND DISPOSAL
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Suppress in OPAC 0
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Total Checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type
    Dewey Decimal Classification     London London Journal article 20/06/2005   L130066 130066-1001 06/08/2019 1 06/08/2019 Journal article