littleoldlady
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Post by littleoldlady on Jun 5, 2017 14:33:53 GMT
Anyone in the FS boatyard loan will have realised that insolvency law in Scotland is very different from England. Do you think it is harder for creditors to obtain satisfaction up north? Do you avoid loans against property in Scotland?
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jonah
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Post by jonah on Jun 5, 2017 19:52:36 GMT
Anyone in the FS boatyard loan will have realised that insolvency law in Scotland is very different from England. Do you think it is harder for creditors to obtain satisfaction up north? Do you avoid loans against property in Scotland? Avoid? No. Reduce the size of any investments when I think Ms Sturgeon might be winning? Yes.
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bigfoot12
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Post by bigfoot12 on Jun 6, 2017 9:36:41 GMT
Avoid : Yes. Stopped all lending at time of IndyRef(1). Then I considered starting again, but then I did spot that law was different and I wasn't confident that the price always reflected it.
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macq
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Post by macq on Jun 6, 2017 9:46:13 GMT
so i guess by what people are saying it does not matter that the loan would be written with a Uk/English company?
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Post by lynnanthony on Jun 6, 2017 15:23:38 GMT
Could someone perhaps spell out how Scotland differs from England, and how that effects lenders?
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littleoldlady
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Post by littleoldlady on Jun 6, 2017 15:23:51 GMT
so i guess by what people are saying it does not matter that the loan would be written with a Uk/English company? Correct. The seizure of the asset etc is subject to Scottish law.
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