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Risks for lenders as sole signatories on blocked accounts

29 June 2024 / Author(s): Zara McGlone
Issue: July 2024 / Categories: Feature

Following the Court of Appeal’s judgment in Darty Holdings SAS v Carlton-Kelly [2024] B.C.C. 119, this article looks at some of the possible risks for lenders who are sole signatories on blocked accounts, in respect of their security and their role as regards borrowers.

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