Bankers' Rights Of Appropriation, Lien And Combination - Finance and Banking
To print this article, all you need is to be registered or login on Mondaq.com. Banks have a number of legal mechanisms at their disposal with a view to safeguarding their interests in circumstances where they are owed money by defaulting customers who are unlikely to take steps to settle their outstanding debts. One such device is the so-called right of combination - the focal point of this article - which, for contextual and comparison purposes, and for the sake of terminological clarity, will be considered against the backdrop of certain other available measures, na...
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