Re Bank of Credit and Commerce International SA (No 8): Revision history

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25 March 2024

  • curprev 15:5615:56, 25 March 2024Amwelladmin talk contribs 3,595 bytes +2,917 No edit summary
  • curprev 15:3715:37, 25 March 2024Amwelladmin talk contribs 678 bytes +678 Created page with "{{cn}}The leading case on charges over bank accounts. Some good nuggets: The general rule is that a secured creditor is not obliged to resort to its security but can still claim repayment from the debtor, leaving the security alone. In {{Cite|China and South Sea Bank Ltd.|Tan Soon Gin (alias George Tan)|1990|1 AC|536}}, where the security was a share mortgage and a personal surety, Lord Templeman said: {{quote|The creditor had three sources of repayment. The cre..."