Cases

Singer & Friedlander Commercial Finance Ltd v Thomas

Held

That the chattel mortgage was “in place” when the claimant’s then solicitors registered it. The words “in place” were to be given their ordinary meaning as set out in the Oxford English Dictionary, namely “in the original or proper position; suitable or appropriate position”. The claimant’s deeds of release and priority may not have ever been put in place, but the chattel mortgage was. The defendant’s guarantee therefore lapsed when the chattel mortgage was registered.

Also