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Samuels Finance Group plc v Beechmanor Limited (trading as Hurstwood Developments) and others

Language: English Series: Property and Compensation Reports ; (1994) 67 PCR 282-287(6)Publication details: 1994Subject(s): Summary: 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.

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.