Latest news and views tagged trustees
RSS
Money was advanced by the claimant lender to the defendant solicitors with respect to a purchase of a property in Barnet. The claimant sent the firm of solicitors a standard certificate of title. The...
Can trustees’ right to be indemnified out of trust assets for all expenses reasonably and properly incurred and to have a lien over trust assets rank in priority to a bank’s security?
Although the trustees, in this case, did not assert any general principle that a trustees’ lien for their own expenses should prevail over the bank’s registered rights as mortgagee, they asserted...