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The Chancellor’s Autumn Statement: good and bad news for homebuyers

5 December 2011 | Richard John | 1 comment

There was good and bad news for homebuyers in the Chancellor’s recent Autumn Statement. The introduction of a new-build indemnity scheme, aimed at increasing the supply of affordable mortgage finance...

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The impact of indemnity insurance on success fees and conditional fee agreements

4 April 2011 | Jane Anderson

Introduction  In the recent Court of Appeal case of Sousa –v- Waltham Forest London Borough Council [2011] EWCA Civ 194, the Court considered whether a claimant was entitled to recover a success...

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Is a guarantee liability a liquidated sum?

25 November 2010 | Steven Mills Comments Off

Is a creditor entitled to bring bankruptcy proceedings in respect of a guarantee and indemnity?  In this case , the question the court asked was whether a guarantee liability, is a liability for a...

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It’s not personal…

29 July 2010 | Samantha Lloyd

An indemnity given by a financial advisor was not personal and therefore could be enforced by an assignee said the Court of Appeal in Shaw v Lighthousexpress Ltd [2010] EWCA Civ 161.  Berkeley...

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Automatic termination of indemnity upon insolvency event breaches anti-deprivation rule – Mayhew v King, High Court

11 June 2010 | Paul Gershlick

T agreed to indemnify M in a contract in relation to some particular litigation that may be brought against M. The agreement said that the indemnity would automatically end if M suffered any insolvency...

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Court of Appeal issues reminder to use clear words for negligence in limitation of liability and indemnity clauses – Jose v MacSalvors, Court of Appeal

12 January 2010 | Mark Weston

Brush hired a crane from MacSalvors using the Construction Plant Hire Association’s Model Conditions for Plant Hire. Along with the crane, Mr Thomas Jose, the crane operator, was also provided for hire....

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