Bill of Sale in UK Law

Leading Cases
  • Nova (Jersey) Knit Ltd v Kammgarn Spinnerei G.m.b.H.
    • House of Lords
    • 16 Feb 1977

    It is in my opinion well established that a claim for unliquidated damages under a contract for sale is no defence to a claim under a bill of exchange accepted by the purchaser: nor is it available as set-off or counterclaim. A vendor and purchaser who agree upon payment by acceptance of bills of exchange do so not simply upon the basis that credit is given to the purchaser so that the vendor must in due course sue for the price under the contract of sale.

  • Petromec Inc. v Petroleo Brasileiro S.A. Petrobras and Others
    • Queen's Bench Division (Commercial Court)
    • 06 Jul 2007

    The nature and content of the MOA suggest that the parties did intend it to create legal relations, even if only of a provisional nature, but whether it was effective to achieve anything more than an agreed structure for the proposed transaction is another matter. The difficulty arises from the nature of the obligations it purported to impose.

    However, I do not think that matters very much as things have turned out because it is clear to me that the purpose of the MOA was simply to provide a framework for the transaction which, if it came into existence, would be embodied in what the MOA itself described as the 'Transaction Documents'.

  • Re Cosslett (Contractors) Ltd
    • Court of Appeal (Civil Division)
    • 29 Jul 1997

    The essence of a floating charge is that it is a charge, not on any particular asset, but on a fluctuating body of assets which remain under the management and control of the chargor, and which the chargor has the right to withdraw from the security despite the existence of the charge. The essence of a fixed charge is that the charge is on a particular asset or class of assets which the chargor cannot deal with free from the charge without the consent of the chargee.

  • Petromec Inc. v Petroleo Brasileiro S.A. Petrobras and Others
    • Court of Appeal (Civil Division)
    • 23 Ene 2008

    To decide that it has "no legal content" to use Lord Ackner's phrase would be for the law deliberately to defeat the reasonable expectations of honest men, to adapt slightly the title of Lord Steyn's Sultan Azlan Shah lecture delivered in Kuala Lumpur on 24th October 1996 (113 LQR 433 (1977)).

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Legislation
  • Bills of Sale Act (1878) Amendment Act 1882
    • UK Non-devolved
    • 1 de Enero de 1882
  • Bills of Sale Act 1878
    • UK Non-devolved
    • 1 de Enero de 1878
  • Merchant Shipping Act 1965
    • UK Non-devolved
    • 1 de Enero de 1965
    ......shall be added the words ‘Bill of sale’. The Merchant Shipping. (Safety and Load Line. Conventions) Act ......
  • Civil Procedure Rules 1998
    • UK Non-devolved
    • 1 de Enero de 1998
    ...... out of an experiment on or with relevant property;(v) for the sale of relevant property which is of a perishable nature or which for any ... of commencement in the relevant practice form; and(b) a copy of the bill of costs. (Rule 47.7 sets out the period for commencing detailed ......
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Books & Journal Articles
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Law Firm Commentaries
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