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High Court determines that special circumstances exist which justify a nominated solicitor extracting letters of administration in an estate for the purposes of recovering monies lent to a deceased borrower, and that the application is not statute barred even in circumstances where it is brought outside relevant time limit, on the basis that the repayment date of the relevant loans was after the death of the deceased.
Probate - grant of letters of administration - repayment of loans - repossessions of properties - notification of family members - whether special circumstances exist for appointing administrator - statute of limitations - debt repayment - liberty for lender to appoint nominated solicitor as limited administrator to extract letters of administration in an estate for the purposes of recovering monies lent to a deceased borrower - specific purpose related to loan recovery and possession of secured property - prior notice to interested parties - special circumstances exist.
Note: This is intended to be a fair and accurate report of a decision made public by a court of law. Any errors should be notified to the editor and will be dealt with accordingly.
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