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SFP Property were appointed as Receivers by a private bank who had security over a penthouse flat, which had been fitted out to its owners very “particular” tastes. There were other charge holders secured behind our appointor all asserting claims in relation to priority.
SFP Property reviewed the situation and agreed a strategy with the various competing parties and then marketed and negotiated a sale of the property.
This resulted in a significant surplus to their appointer which was distributed to the other charge holders.