Credit Lyonnais Bank v Burch 
- A junior employee was asked to secure the company’s debts with her own house and take responsibility for any further debt
- The bank quickly tried to enforce the security by repossessing the employee’s house
- Could the transaction be set aside for undue influence
- There was no relationship of trust and confidence, but such a significantly risky transaction should put the bank on notice
Posted in Contract Law Revision Notes.
This page was last updated on 20th January 2014