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In this briefing, the LexisPSL Banking & Finance team looks at a recent case, Re Arboretum Devon
 EWHC 1047 (Ch), in which the court was asked to decide on the scope of the Secured
Liabilities definition in a security document and of a clause commonly included in intercreditor
agreements whereby the creditors agree not to challenge the validity of one another’s security.
Click here to read the full briefing.
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