Goodwill is not a thing which can be separated and dealt with apart from the business out of which it arises1; but it may be dealt with as an entity separate from the particular premises in which that business has been carried on2. Where, however, it is attached to premises and enhances their value, it is inseparable from, and forms part of, the security of the mortgagee of premises unless it is of a character personal to the mortgagor on the terms of the transaction as such or it is shown that only the premises are intended to be
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234