Where several properties of the same mortgagor which have been charged with a single debt become severed in title, they must, as between themselves, bear the mortgage debt rateably in proportion to their respective values1 unless, by special agreement in the mortgage itself or by declaration on the mortgagor's part, one property has been made liable to bear the whole debt in exoneration of the others2. The rule does not apply where one property is subject to a specific charge and the other to a general lien for the debt
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This Practice Note covers the legal framework and regulatory guidance to be considered in determining whether an arrangement constitutes a contract of insurance and the possible consequences of carrying on activities relating to a contract of insurance without the requisite regulatory permissionsThe
Who is a fiduciary?There is no comprehensive list of the relationships which give rise to the existence of fiduciary duties under common law. Some relationships are automatically fiduciary, eg those between trustee and beneficiary, solicitor and client, principal and agent, business partner and
When defendants are guilty, they have a choice to plead guilty or to put the prosecution to proof. When they plead guilty they may benefit from a reduction in their sentence as a result, see Practice Note: Credit for guilty plea. However, the Sentencing Council's overarching guidelines on reduction
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