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1. Yes, you are entitled to be compensated for this commercial loan company putting a charge on your property when you did not go ahead with the loan. Basically, it is the civil wrong or tort known as slander of title. Additionally, you can seek damages for breach of any putative loan agreement you did not enter into. However, your primary cause of action is for slander of title. So, I would advise you to see a solicitor who is experienced in litigation in your local area and get the solicitor to issue legal proceedings if you don't receive an offer of compensation from the loan company. Essentially, you are entitled to compensation for the act of the loan company in publishing to the world that your hotel was indebted to them, when it wasn't. Any consequential losses are compensate-able as well.
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