One of the mysteries of the English language finally explained.
An action brought for compensation or damages for loss of a thing from the person responsible, rather than for recovery of the thing itself.‘there are a number of compelling reasons for a creditor to obtain a charge and not rely solely on his personal action against the debtor company’
- ‘If your Honour pleases, for the purpose of the submission I make, it is simply the case that actions such as this can be brought in that jurisdiction under that Act as a personal action.’
- ‘As a lender, a bank will have the usual right to bring a personal action against the debtor on his promise to repay.’
- ‘Directors of a company who had authorised a fraudulent prospectus and sent fraudulent letters were responsible in a personal action against them.’
- ‘It is, as will be seen, one which can give rise to personal actions against a fiduciary.’
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