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A review of NRAM PLC v Evans and the Swift 1st Limited case

  • United Kingdom
  • Restructuring and insolvency

11-12-2015

Unfortunately, the mistaken release of a mortgage by a lender is an all too common occurrence. When these mistakes happen, the law can and will intervene to provide a remedy. An approach which was confirmed in the recent High Court decision in NRAM PLC v Evans [2015] 1543 (ch).

In an article appearing in Corporate Rescue and Insolvency, Paul Dutton and James Williams look at the recent NRAM case and the options available to lenders who have mistakenly issued a DS1. The article also looks at the case of Swift 1st Ltd v Colin [2011] EWHC 2410 (ch) and reminds lenders (and particularly the holders of unregistered debentures) of their rights.

Read the full article here

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