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In the 18th century decision of Vernon v Bethell [14] Lord Henley LC refused to enforce the conveyance of Vernon's sugar plantation in Antigua to a deceased London lender, Bethell, when Vernon had trouble repaying, even though some exchanges between the two had raised the possibility of giving up the land to satisfy the debt. Given the ...
Robert Henley, 1st Earl of Northington, PC (c. 1708 – 14 January 1772), was the Lord High Chancellor of Great Britain. He was a member of the Whig Party in the parliament and was known for his wit and writing.
Vernon had taken out a £278 mortgage on the land, and on 5 March 1729 he assigned the mortgage to Mr Bethell, to whom he sold sugar, and got from him further loans of £5000 to £6000. On 23 April 1738 Bethell requested repayment of sums owed, by then £9541 9s 1d, or the enforcement of the security by taking possession of the land, but still ...
Shares of Metro Bank fell nearly 30% as investors continued to dump the stock amid concerns over the quality of its residential mortgage loans.
Bay Commercial Bank Announces the Addition of Mr. Vernon R. Padgett WALNUT CREEK, Calif.--(BUSINESS WIRE)-- Today, Bay Commercial Bank (OTCBB:BCML) is pleased to announce the addition of Vernon R ...
Hedley Byrne & Co Ltd v Heller & Partners Ltd [1964] AC 465 is an English tort law case on economic loss in English tort law resulting from a negligent misstatement. Prior to the decision, the notion that a party may owe another a duty of care for statements made in reliance had been rejected, [1] with the only remedy for such losses being in contract law. [2]
A bank statement loan allows you to apply for a mortgage without having to prove your income via pay stubs, W-2s or tax returns. Instead, lenders use recent bank statements to assess your earnings.
Barclays Bank plc v Coleman & Anor (2000) 3 WLR 405; Bank of Scotland v Bennett (1999) 1 FLR 1115; Kenyon-Brown v Desmond Banks & Co (2000) PNLR 266 on solicitor's advice where acting jointly - including Wilson J imposing Conditions lettered a) to i) in the Court of Appeal, accepted as correct in law in the House of Lords. Appeals allowed. Mrs ...