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15 Jan 2016, 10:27 am by Ciaran Gill, Olswang LLP
Quoting Walton J in Burston Finance Ltd v Speirway Ltd [1974] 1 WLR 1648 at 1652B-C, the principle of subrogation was outlined as such: “[W]here A’s money is used to pay off the claim of B, who is a secured creditor, A is entitled to be regarded in equity as having had an assignment to him of B’s rights as a secured creditor. [read post]
21 Sep 2015, 12:31 am by Stephen Page
It seems to me that is not the most desirable state of affairs. [read post]
8 Apr 2015, 5:00 am
  This so-called “[c]ommon-defense exception,” Walton v. [read post]