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United Kingdom
redemption and tendersummary judgment strike outinterim injunction
Shearer & Ors v Spring Capital Ltd
[2013] EWHC 3148 (Ch)
Key Principle
On an application for an interim injunction concerning the redemption of mortgages, where the validity of a tender of the sums outstanding (raised by refinancing conditional on simultaneous release of security) raises serious triable issues, the court may grant the injunction and refuse the defendant's applications to strike out or for summary judgment.
Area of Law
company, equity
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