NEW ZEALAND GUARDIAN TRUST CO LTD V KENNETH STEWART BROOKS AND OTHERS
Journal of Financial Regulation and Compliance
ISSN: 1358-1988
Article publication date: 1 March 1995
Abstract
Budget Rent A Car Ltd (Budget) borrowed money from a consortium of financiers and bankers. The advance was secured by a debenture trust deed dated 5th May, 1987, entered into between Budget, Budget Lease Management (Car Sales) Ltd and the Appellant, New Zealand Guardian Trust Co Ltd (the Trust Company). The holders of the debenture were the lenders involved in the consortium. The total sum advanced was £17.25m.
Citation
of KINKEL, L.K., OLIVER OF AYLMERTON, L., MUSTILL, L., LLOYD OF BERWICK, L. and NICHOLLS OF BIRKENHEAD, L. (1995), "NEW ZEALAND GUARDIAN TRUST CO LTD V KENNETH STEWART BROOKS AND OTHERS", Journal of Financial Regulation and Compliance, Vol. 3 No. 3, pp. 290-293. https://doi.org/10.1108/eb024851
Publisher
:MCB UP Ltd
Copyright © 1995, MCB UP Limited