3 Apr 2007
FINANCIAL TRUST LIMITED AND ANOR V BISHOP AND ORS HC WN CIV-2006-485-2321
- Citation
- openlaw-895b8bcb_9f69_42d3_9963_2d54fcbd67d3.pdf
- Court
- High Court
The Deed of Removal and Appointment effected an absolute assignment of SRL's rights to FTL (executed in October 2003 despite a later effective date), the 28 November 2003 notice alongside subsequent deeds of variation and a later formal demand satisfied s130 notice requirements (or in the alternative there is an enforceable equitable assignment), therefore the defendants have no real defence and summary judgment is entered for Financial Trust Limited for the outstanding debt, interest and costs.