I have adivsed barclays that i am no longer prepared to act

Assignment Help Humanities
Reference no: EM13570359

I act as guarantor on a mortgage on a spanish property owned by a spanish limited company. I have a guarantor agreement with Barclays bank (based on UK not Spanish law) who provided the loan.

The mortgage is interest only and based on libor rate. Barclays have admitted manipulation of the libor rate and would have been aware of this at the time both the mortgage was arranged and the guarantor agreement was signed. I have adivsed Barclays that I am no longer prepared to act as guarantor to the loan since it is my view that the mortgage agreement is void. Would appreciate your views please.

Reference no: EM13570359

Questions Cloud

Distinguish among beta or market risk within-firm or : distinguish among beta or market risk within-firm or corporate risk and stand-alone risk for a project being
Wahr corporation bases its predetermined overhead rate on : wahr corporation bases its predetermined overhead rate on the estimated labor hours for the upcoming year. at the
A estimate the value of nabor industriesentire company by : the firms weighted average cost of capital is 11 and has a 1500000 of debt at market value and 400000 of preferred
Afirmhas outstanding convertible preferred stock with a 50 : afirmhas outstanding convertible preferred stock with a 50 par value which is convertible into three shares of common
I have adivsed barclays that i am no longer prepared to act : i act as guarantor on a mortgage on a spanish property owned by a spanish limited company. i have a guarantor agreement
This investment will cost the firm 150000 today and the : the firm has has a potential future projects that will generate cash flows of 32000 per year in years 1 through 4 35000
On jan 1 2012 the arizona corp created a defined : on jan. 1 2012 the arizona corp. created a defined contribution pension plan. the plan calls for arizona to make
However companies focus as much on stand-alone risk as on : in theory market risk should be the only relevant risk. however companies focus as much on stand-alone risk as on
The coca-cola company uses an eva approach to performance : the coca-cola company uses an eva approach to performance measure which it calls economic profit. go to coca-colas

Reviews

Write a Review

Humanities Questions & Answers

  Explain record the unrealized gain or loss

Valuing Trading Securities at Fair Value On January 1, 2012, Valuation Allowance for Trading Investments had a credit balance of $7,300. On December 31, 2012, the cost of the trading securities portfolio was $43,900, and the fair value was $45,000.

  Custom metal works produces castings and other metal parts

custom metal works produces castings and other metal parts to customer specifications. the company uses a job-order

  Primary elements of the jewish and christian traditions

What primary elements of the Jewish and Christian traditions unite the Hebrew and Christian Canons or Old and New Testaments?

  Egyptian love poetry what do you think about the poems what

egyptian love poetry what do you think about the poems? what are the connections to contemporary love poetry? note song

  Write a letter to thank your interviewer

Write a letter to thank your interviewer and mention that you are enclosing the references.

  How are biases based on sexual orientation serviceable

How are class biases serviceable, how are gender biases serviceable and how are biases based on sexual orientation serviceable?

  Justice policy-making matrix and paper

Design a public opinion poll or survey to elicit information from the key actors about the selected public policy -criminal Justice Policy-Making Matrix and Paper

  Quality thinking please respond to the followingidentify at

quality thinking please respond to the followingidentify at least one 1 factor which is necessary for evaluating the

  Chathum reports ordinary income of 80000 and a short term

during the current year inge sells stock she has purchased three years ago at a loss of 9000. she owns 10 interest at

  Prepare word paper in which you describe a minimum of one

prepare word paper in which you describe a minimum of one crisis management situations associated with physical or

  Many of these children already face significant

about 51 of preschoolers and 30 of infants in the united states spend part of their day in some kind of out-of-home

  Discuss how no homeland security, emergency management

Prepare a paper to document your analysis has it assess the future challenges and opportunities for emergency management. Use Technology and threats that we will change over time

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd