US EditionLPA Receivers – who is really responsible for their actions? (UK)
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LPA Receivers – who is really responsible for their actions? (UK)
In the recent appeal of Yerbury v Azets[1], the Court reiterated that an employer of an LPA receiver cannot be held vicariously liable for the actions of a receiver during a receivership and helpfully clarified the parameters of the receiver’s role by virtue of their appointment. In this blog, we delve further into the High Court decision and its implications for receivers and their appointees. Background Joint LPA receivers were appointed over …
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