Concord Trust v The Law Debenture Trust Corporation plc: Difference between revisions

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(Created page with "''Concord Trust v The Law Debenture Trust Corporation plc'' [2004] EWCH 1216 (Ch); [2004] EWCA Civ 1001 In which the Court of Appeal considered the legal dynamics of bo...")
 
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Therefore, concluded their Lord Justices, there could be no possible legal action against the trustee and hence, it needed no indemnity, ignoring the age old riposte from those who seek indemnities everywhere<ref>Namely that if there's no risk of being called to indemnify THEN YOU SHOULDN’T MIND GIVING US AN INDEMNITY SHOULD YOU?</ref>
Therefore, concluded their Lord Justices, there could be no possible legal action against the trustee and hence, it needed no indemnity, ignoring the age old riposte from those who seek indemnities everywhere<ref>Namely that if there's no risk of being called to indemnify THEN YOU SHOULDN’T MIND GIVING US AN INDEMNITY SHOULD YOU?</ref>
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