Downsview Nominees Ltd v First City Corp Ltd | |
---|---|
Court | Judicial Committee of the Privy Council |
Full case name | Downsview Mominees Ltd and J.G. Russell v. First City Corporation Ltd and First City Finance Ltd |
Decided | 19 November 1992 |
Citations | [1992] UKPC 34 [1993] AC 295 [1993] 1 NZLR 513 [1993] 3 All ER 626 [1993] 2 WLR 86 [1994] 2 BCLC 49 |
Transcript | BAILII |
Case history | |
Prior actions | Downsview Nominees Ltd v First City Corporation Ltd, [1990] NZCA 21,[1] allowing in part an appeal from First Corporation Corporation Ltd v Downsview Nominees Ltd, [1989] NZHC 566[2] |
Appealed from | Court of Appeal of New Zealand |
Court membership | |
Judges sitting | Lord Templeman, Lord Lane, Lord Goff of Chieveley, Lord Mustill, Lord Slynn of Hadley |
Case opinions | |
Decision by | Lord Templeman |
Keywords | |
Administration
|
Downsview Nominees Ltd v First City Corp Ltd [1992] UKPC 34, [1993] AC 295 (19 November 1992) is a New Zealand insolvency law case decided by the Judicial Committee of the Privy Council concerning the nature and extent of the liability of a mortgagee, or a receiver and manager, to a mortgagor or a subsequent debenture holder for his actions.