Source: All England Reporter
Publisher Citation: [1999] All ER (D) 1370
Court: Chancery Division
Judge:

Laddie J

Representation Iain Milligan QC and Andrew W Baker (instructed by Linklaters & Alliance) for SBC.
  Nigel Davis QC (instructed by Denton Hall) for O.
Judgment Dates: 3 December 1999

Catchwords

Contract - Construction - Loan to company - Banking security documents enabling bank to recover in excess of sum due in event of liquidation of borrower - Whether bank required to give credit for sums recovered from security agreement.

The Case

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