Deed’s drafting could be criticised for infelicity, but assignment was effective

In Promontoria (Henrico) Ltd  v Melton [2019] EWHC 2243 Mr Justice Barling held that a recorder had been correct to look at  extraneous factors within the factual matrix to decide whether a deed of assignment referred to the material debt. Under a facility agreement, Clydesdale Bank (“the bank”) made a loan facility of £347,000 available […]