[1985] 3 All ER 564

Adam Fenton – Company – Receiver – Duty – Duty to guarantor of company’s debts – Sale of company’s assets – Receiver appointed by mortgagee – Receiver carrying on business and selling assets to repay debts – Assets sold at undervalue – Whether receiver and mortgagee owing duty of care to guarantor in realising assets – Whether receiver acting as mortgagee’s agent in realising assets.