Merchant Banking Company of London v London and Hanseatic Bank
| Jurisdiction | England & Wales |
| Year | 1886 |
| Date | 1886 |
| Court | Chancery Division |
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Palk v Mortgage Services Funding Plc
- United Kingdom
- Court of Appeal (Civil Division)
- 31 July 1992
...mortgagees. Fry J. directed a sale but fixed a reserve price sufficient to protect their interests. In The Merchant Banking Company of London v. The London and Hanseatic Bank (1886) 55 L.J. Ch. 479 the same approach was adopted. A first mortgagee sought a foreclosure order, and the second m......