The Weekly Law Reports
[1977] 3 WLR 229
[HOUSE OF LORDS]
ORAKPO RESPONDENT AND MANSON INVESTMENTS LTD. APPELLANTS
1977 May 4,
5;
July 6
July 6
Lord Diplock, Viscount Dilhorne, Lord Salmon, Lord Edmund-Davies and Lord Keith of Kinkel
Moneylender
— Moneylending transaction
— Vendor's lien
— Moneys advanced to borrower to purchase or obtain unencumbered title to properties
— Transactions unenforceable
— Whether right of subrogation
— Whether proceedings time-barred
—
Moneylenders Act 1927 (17 & 18 Geo. 5, c. 21), ss. 6, 13 (1)