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Goodwill, good faith and market value

By: Language: English Series: Solicitors` Journal ; 142(8) 27 February 1998, 180(1)Publication details: 1998Subject(s): Summary: 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.

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.