The Privy Council has clarified that the duty of care to "obtain the best price reasonably obtainable" in the sale of secured collateral does not require a secured party to improve an asset before ...
August 30, 2025 @ 5:06 pm By Joshua Ashley Klayman, Danelle Le Cren, John Hwang, Michael Bassett, Philip Lee and Jessica Blatz Imagine this: A lender, confident in its documentation, makes a secured ...