London is still considered the world’s pre-eminent financial centre, and is one of the most attractive international cities for foreign investment. One of the reasons for this is the high regard that the international business community has for the principles of the English legal system and the fairness of the English Courts.
A receiver is an individual (or those acting jointly) appointed by a creditor that holds a charge over the assets of a debtor to take custody of the charged assets, manage those assets and receive the income from them. Usually, a receiver will also have the power to sell the assets and to apply the proceeds of sale in satisfaction of the secured debt.
In May 2019, the Court of Appeal upheld the 2018 High Court decision to quash a local authority’s registration of land as a town or village green. The Court of Appeal held that the adopted core strategy policies of the local authority gave rise to a trigger event that precluded the local authority from registering the land as a town or village green.
Usually a ransom strip is a strip of land lying between an adopted highway with public rights of way and a property or land and where crossing that land or laying services beneath that land could represent a trespass on the part of the owner of the property cut off from the Highway by the ransom strip.
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