Home > Cases > Medforth v Blake & Otrs

An important case in which the Court of Appeal overturned the presumed effect of Downsview Nominees v First City Cpn. Ltd [1993] AC 295 (PC) and established that a receiver and manager owes an equitable duty of due diligence to a mortgagor in relation to their conduct of the receivership, including (if continuing to run the business) a duty to take reasonable steps to run the business profitably.

Toby Watkin appeared for the successful respondent in the appeal.

icon-accordion-chevron icon-arrow-left icon-arrow-right icon-chevron-down icon-chevron-left icon-cross icon-download icon-letter icon-linked-in icon-phone-outline icon-phone icon-search icon-search icon-select-chevron icon-top-right-corner icon-twitter