Court of Appeal considers enforceability of charge under section 28 of FSMA | Practical Law

Court of Appeal considers enforceability of charge under section 28 of FSMA | Practical Law

In Charles Cleland Helden v Strathmore Ltd [2011] EWCA Civ 542 (11 May 2011), the Court of Appeal dismissed an appeal against a High Court decision that a charge was enforceable, despite the fact that it was entered into in breach of section 19 of the Financial Services and Markets Act 2000 (FSMA).

Court of Appeal considers enforceability of charge under section 28 of FSMA

Practical Law UK Legal Update Case Report 9-506-1866 (Approx. 3 pages)

Court of Appeal considers enforceability of charge under section 28 of FSMA

by PLC Financial Services
Published on 20 May 2011
In Charles Cleland Helden v Strathmore Ltd [2011] EWCA Civ 542 (11 May 2011), the Court of Appeal dismissed an appeal against a High Court decision that a charge was enforceable, despite the fact that it was entered into in breach of section 19 of the Financial Services and Markets Act 2000 (FSMA).