Peter Levaggi#2661

Peter Levaggi

Peter Levaggi, Partner, Charles Russell Speechlys LLP Peter is a Solicitor Advocate with Higher Rights of Audience and has a thriving commercial property litigation practice dealing with every aspect of contentious landlord and tenant work. Peter has a strong reputation in the property litigation field and has a substantial national client base and he also specialises in insolvency issues arising in the context of property. He is the Head of the Property Insolvency Group and the Property Litigation Group. He is named as leader in his field in Legal 500 and Chambers who say he "heads up the practice and is extremely well reputed for his crisp delivery and deep knowledge." Peter regularly writes articles and books on property and insolvency issues (he was the author of the Law Society's Guide to Enforcement Law 2nd edition published in 2014 and Jordon's Property Insolvency 2nd edition published in 2015.
Contributed to

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Mortgages—multiple fixed charges and insufficient equity
Mortgages—multiple fixed charges and insufficient equity
Practice notes

This Practice Note, produced in partnership with Peter Levaggi of Charles Russell Speechlys LLP, considers the situation where a borrower/mortgagor with property encumbered by a number of legal mortgages has become insolvent or otherwise defaulted on its obligations. This is a particular problem where the mortgaged property has insufficient value to discharge the total debt. This Practice Note covers the priority of multiple mortgages and remedies available. It includes a look at the principles of marshalling and tacking.

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