Receiver’s duties when selling assets

http://vimeo.com/52992640

How far does the receiver’s duties go when selling assets, such as real estate? One independent valuation? Two independent valuations? Apparently that may not be enough.

In this five minute webcast John Hughes, Consultant at Shakespeares, talks with Benn Richards, a solicitor in our Lexis®PSL Restructuring & Insolvency team, about the recent case of Glatt v Sinclair on the issues of receiver’s duties when selling assets.

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