Akers and Others v Samba Financial Group
| Jurisdiction | England & Wales |
| Judge | Lord Neuberger of Abbotsbury,Lord Mance,Lord Sumption,Lord Toulson,Lord Collins of Mapesbury |
| Judgment Date | 01 February 2017 |
| Neutral Citation | [2017] UKSC 6 |
| Court | Supreme Court |
| Date | 01 February 2017 |
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32 cases
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Ahmad Hamad Algosaibi and Brothers Company (“AHAB”) v Saad Investments Company Ltd (in Official Liquidation) (“SICL”) and Others
...may be more complex where the governing law does not know the concept of the constructive trust”. 2272 {E1/33/7}–{E1/33/11}. 2273 [2017] 2 W.LR. 713 p 740–741 and authorities cited 2274 Found not to have been the case with the assets in dispute (shares in SAMBA). 2275 Above {R1/20/1}; {R1/2......
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Wong, Wen-Young v (1) Grand View Private Trust Company Ltd, (2) Transglobe Private Trust Company Ltd
...issue: see Macmillan Inc v Bishopsgate Investment Trust Plc (No.3) [1996] 1 W.L.R. 387 (CA). As Lord Sumption states in Akers and others v Samba Financial Group [2017] UKSC 6, [2017] A.C. 424, at §80: ‘(1) The transmission of property is governed by the lex situs, which in the case of re......
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Gareth Clark v The Commissioners for HM Revenue and Customs
...v GP Noble Trustees Limited (Morris intervening) [2012] EWCA Civ 195, [2013] Ch 91, at [106], approved by Lord Mance JSC in Akers v Samba Financial Group [2017] UKSC 6, [2017] AC 424, at [51] to [52]. Thus, property which is transferred to or in respect of a pension scheme member in bre......
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Mark Byers v Samba Financial Group
...were issued in 2017 after the stay of the original proceedings (issued in 2013) following the decision of the Supreme Court in Akers v Samba Financial Group [2017] UKSC 6. The Claimants also applied to amend the 2013 claim to plead a claim based on knowing receipt of trust property. The 20......
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2 firm's commentaries
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UK Court Clarifies Important Issues Relating to Proprietary Interests in Trust Assets
...across a wide range of disputes. Endnotes [1] Byers v The Saudi National Bank [2022] EWCA Civ. 43. [2] Akers v Samba Financial Group [2017] AC 424. [3] Macmillan Inc v. Bishopsgate Investment Trust plc (No 3) [1995] 1 WLR 978. [4] Dubai Aluminium Co Lt v. Salaam [2003] 2 AC 366. [5] Lightni......
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The Precarious Nature Of Trust Assets At Home And Abroad
...Akers (and others) v. Samba Financial Group [2017] UKSC 6, the UK Supreme Court has confirmed the limited nature of British insolvency officer-holders' ability to void dispositions of a company's assets held on trust. The Supreme Court also highlighted the potential dangers inherent in hold......
3 books & journal articles
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Conspiracy
...Bike Ride’, The Guardian, 18 March 2013.26. Above n. 22.27. R. (on the application of Hicks) vCommissioner of Police of the Metropolis [2017] UKSC 6.28. J. Noakes and P. Gillham, ‘Aspects of the New Penology in the Policing of Global Justice Protests in the United States’ in D.della Porta, ......
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Abandoning dishonesty—A brief German comment on the state of the law after Ivey
...Cerian Griffiths, ‘The Honest Cheat: A Timely History of Cheating andFraud Following Ivey v Genting Casinos (UK) Ltd t/a Crockfords [2017] UKSC 6 (2020)’ 40 LS 252–68.The Journal of Criminal LawªThe Author(s) 2021Article reuse guidelines:sagepub.com/journals-permissionsDOI: 10.1177/00220183......
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Securities and Financial Services Regulation
...1165 at [18]. 80 Richard Nolan, “Equitable Property” (2006) 122 LQR 232, which was cited with approval in Akers v Samba Financial Group [2017] AC 424 at [15] and [46]. 81 Zhao Hui Fang v Commissioner of Stamp Duties [2017] 4 SLR 945 at [62]. 82 [2017] AC 424 at [46]. 83 [2018] SGCA 16 at [1......