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Doctrine of Frustration and Statutory Contracts

Doctrine of Frustration and Statutory Contracts

English doctrine of frustration evolved through early cases such as Paradine v. Jane [1647] EWHC KB J5 and crystallized in legal form for the first time in the case of Taylor v. Caldwell [1863] EWHC...

14 Jun 2014 12:38 PM GMT
Security Interest a shield in the hands of Lenders

Security Interest a shield in the hands of Lenders

Lending of money is one of the oldest transactions after the barter system. The term ‘lending’ may be classified majorly into two sets namely ‘non-recourse lending’ and ‘recourse lending’....

20 May 2014 12:46 PM GMT