Value of secured property
Language: English Series: Estates Gazette Case Summaries ; (1993) EGCS 75(1) (1/5/93)Publication details: 1993Subject(s): Summary: "Platts v Western Trust & Savings Ltd" CA 1 April 1993. Lenders were enforcing their debt by bankruptcy proceedings and produced a valuation of the property, which was security for the loan. The debtor claimed this valuation was too low and that the debt was fully secured. In the absence of proper valuation evidence, however, the application was dismissed. CA upheld this decision.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | London Journal article | W4847 (Browse shelf(Opens below)) | 1 | Available | 69166-1001 |
"Platts v Western Trust & Savings Ltd" CA 1 April 1993. Lenders were enforcing their debt by bankruptcy proceedings and produced a valuation of the property, which was security for the loan. The debtor claimed this valuation was too low and that the debt was fully secured. In the absence of proper valuation evidence, however, the application was dismissed. CA upheld this decision.