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Lloyd's Law Reports

ROYAL BANK OF SCOTLAND v CHANDRA AND ANOTHER

[2010] 1 Lloyd's Rep. 677

CHANCERY DIVISION (MANCHESTER DISTRICT REGISTRY)

Before Mr Justice David Richards

Banking — Guarantees granted by husband and wife over matrimonial home to secure loans for property development project — Bank appointing receivers to take over project — Company remaining liable to provide indemnity — Completed building sold at loss — Action to enforce guarantees — Whether bank in breach of duty to guarantors — Whether guarantees procured by undue influence by husband over wife.

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