The Law Reports (Chancery Division)
[2017] Ch 422
In re
Dent Co (a partnership) (in administration)McLean and another
v
Berry and others
[2016] EWHC 2650 (Ch)
2016 June 20,
21;
Oct 26
Oct 26
Norris J
Equity— Marshalling— Availability of remedy— Bank’s lending to businesses doubly secured by charge over farms and agricultural charge over assets and livestock— Second charge over farms securing loan granted by individual— Proceeds of sale of farms discharging all bank’s lending— Whether individual lender entitled to claim proceeds of sale of assets subject to agricultural charge under doctrine of marshalling—
Agricultural Credits Act 1928 (18 & 19 Geo 5, c 43), s 5
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