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OneSavings Bank PLC v Burns: Enforcement concerns for lenders in the Scottish marketplace

United Kingdom - April 25 2017 A recent decision of Banff Sheriff Court in Scotland has unexpectedly cast doubt on the validity of the form of legal title transfer used widely in…

Peter Alderdice, Neil Campbell, Neil Cowan, Andrew Kinnes, Roderick MacLeod

OneSavings Bank PLC V Burns: FAQs

United Kingdom - April 25 2017 The standard security (i.e. Scottish mortgage) in the Burns case had originally been granted by the borrower in favour of GMAC. GMAC had previously…

Peter Alderdice, Rodger Cairns, Neil Campbell, Neil Cowan, Andrew Kinnes, Roderick MacLeod