As the right of consolidation1 is an equitable right, the ordinary incidents of equitable rights attach to it. Consequently, the mortgagee's assignee stands in no better position than his assignor; and if, by arrangement between the assignor and a subsequent incumbrancer, the assignor has waived his right of consolidation, the right is not exercisable by the assignee
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The Financial Conduct Authority Handbook (FCA Handbook) includes sourcebooks to regulate the conduct of business by a regulated firm relevant to insurers: the Conduct of Business Sourcebook (COBS) and the Insurance Conduct of Business Sourcebook (ICOBS). This Practice Note considers how these
The right to notice means a right for the employee to remain in employment for the period of notice, not simply to be paid for it. An employer will therefore often include in the contract an express right to make a payment in lieu of notice ('PILON') as an alternative to giving notice, to ensure
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