The Independent - London, March 8th, 1995
Midland Bank plc v Serter and another.
Court of Appeal (Lord Justice Glidewell, Lord Justice Pill and Lord Justice Aldous).
2 March 1995.
A solicitor who advised a wife about the legal effect and implications of a bank's charge on the matrimonial home did not act as the bank's agent and therefore the bank was not imputed with the solicitor's knowledge of any undue influence on the wife. The bank was entitled to rely on the fact that the solicitor had advised the wife as showing that it had taken reasonable steps to ensure that the wife was properly advised about the effect of the charge.
T...
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