Debt in UK Law

  • Investors Compensation Scheme Ltd v West Bromwich Building Society
    • House of Lords
    • 19 June 1997
    ... ... Firm and arising out of the circumstances giving rise to the Claim or otherwise relating to the Claim whether such claims shall arise in debt, breach of contract, tort, breach of trust or in any other manner whatsoever (and including all sums to which I/we may become entitled under sections ... ...
  • Quistclose Investments Ltd v Rolls Razor Ltd ((in Liquidation))
    • House of Lords
    • 31 October 1968
    ... ... The transaction, it was said, between the Respondents and Rolls Razor Ltd., was one of loan, giving rise to a legal action of debt. This necessarily excluded the implication of any trust, enforceable in equity, in the Respondents' favour: a transaction may attract one action or ... ...
  • Nimenia Maritime Corporation v Trave Gmbh & Company
    • Court of Appeal (Civil Division)
    • 21 February 1986
    ... ... and persons connected with them, have a history of default on loans or trade debts—that, in the words of Lord Justice Lawton, they are 'debt dodgers'. He did not speak to any bad reputation in the trade. He did not even say that the buyers had tried without success to find out about the ... ...
  • Barclays Bank Plc v O'Brien
    • House of Lords
    • 21 October 1993
    ... ... Shortly stated the question is whether a bank is entitled to enforce against a wife an obligation to secure a debt owed by her husband to the bank where the wife has been induced to stand as surety for her husband's debt by the undue influence or misrepresentation ... ...
  • Nocton v Lord Ashburton et è Contra
    • House of Lords
    • 19 June 1914
  • Gilbert Ash (Northern) Ltd v Modern Engineering (Bristol) Ltd
    • House of Lords
    • 25 July 1973
    ... ... and the employer has employed others to do so, all costs incurred in doing so are recoverable from the contractor by the employed as a debt "or may be deducted by him from any monies due or to become due to the contractor under this contract" (clause 2(1)) ... 52 ... ...
  • Henderson v Foxworth Investments Ltd
    • Supreme Court (Scotland)
    • 02 July 2014
    ... ... It acknowledged that, in addition to the purchase price, NSL would also assume £1.85m of debt owed by LGDC to the Liu family. The letter was signed by Mr Liu using the name "J Michael Colby". He explained in evidence that he had decided to use ... ...
  • HM Revenue and Customs v Axa Uk Plc
    • Court of Appeal (Civil Division)
    • 20 December 2011
    ... ... Directive") from which Group 5, item 1 is derived contains a limitation, or (as counsel have termed it) a "carve out", from that exemption for "debt collection" but that carve out does not form part of the wording of Group 5, item 1 ... 2 This appeal has had a most ... ...
  • ICI Chemicals & Polymers Ltd v TTE Training Ltd
    • Court of Appeal (Civil Division)
    • 13 June 2007
    ... ... Limited (“C&P”), is seeking to recover from the defendant, TTE Training Limited (“TTE”), the sum of £359,763 said to be due as a debt under or pursuant to an agreement made in March 1990 ... 2 TTE is a company limited by guarantee which was incorporated in 1990 by three ... ...
  • Raiffeisen Zentralbank Osterreich AG v Five Star General Trading LLC and Others
    • Court of Appeal (Civil Division)
    • 26 January 2001
    ... ... So viewed, the dispute in their submission raises an essentially proprietary issue, to be resolved by the lex situs of the attached debt, that is by French law. Under French law, they submit, their attachment prevails over RZB's assignment in the absence of any bailiff's notification ... ...
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