Bank of Credit and Commerce International (Overseas) Ltd v Akindele

JurisdictionEngland & Wales
CourtChancery Division
Year1999
Date1999

Get this document and AI-powered insights with a free trial of vLex and Vincent AI

Get Started for Free

Start Your Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant

  • Access comprehensive legal content with no limitations across vLex's unparalleled global legal database

  • Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength

  • Transform your legal research from hours to minutes with Vincent AI's intelligent search and analysis capabilities

  • Elevate your practice by focusing your expertise where it matters most while Vincent handles the heavy lifting

vLex

Start Your Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant

  • Access comprehensive legal content with no limitations across vLex's unparalleled global legal database

  • Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength

  • Transform your legal research from hours to minutes with Vincent AI's intelligent search and analysis capabilities

  • Elevate your practice by focusing your expertise where it matters most while Vincent handles the heavy lifting

vLex

Start Your Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant

  • Access comprehensive legal content with no limitations across vLex's unparalleled global legal database

  • Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength

  • Transform your legal research from hours to minutes with Vincent AI's intelligent search and analysis capabilities

  • Elevate your practice by focusing your expertise where it matters most while Vincent handles the heavy lifting

vLex

Start Your Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant

  • Access comprehensive legal content with no limitations across vLex's unparalleled global legal database

  • Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength

  • Transform your legal research from hours to minutes with Vincent AI's intelligent search and analysis capabilities

  • Elevate your practice by focusing your expertise where it matters most while Vincent handles the heavy lifting

vLex

Start Your Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant

  • Access comprehensive legal content with no limitations across vLex's unparalleled global legal database

  • Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength

  • Transform your legal research from hours to minutes with Vincent AI's intelligent search and analysis capabilities

  • Elevate your practice by focusing your expertise where it matters most while Vincent handles the heavy lifting

vLex

Start Your Free Trial of vLex and Vincent AI, Your Precision-Engineered Legal Assistant

  • Access comprehensive legal content with no limitations across vLex's unparalleled global legal database

  • Build stronger arguments with verified citations and CERT citator that tracks case history and precedential strength

  • Transform your legal research from hours to minutes with Vincent AI's intelligent search and analysis capabilities

  • Elevate your practice by focusing your expertise where it matters most while Vincent handles the heavy lifting

vLex
45 cases
  • Sinclair Investments (UK) Ltd v Versailles Trade Finance Ltd
    • United Kingdom
    • Chancery Division
    • 30 June 2010
    ... ... ) (3) National Westminster Bank Plc (4) Anthony V Lomas (5) ... Marrlist's client account at Assets International Management Ltd in four separate credits of ... facts within his knowledge; giving full credit for the value of his bargain; and obtaining the ... by Nourse LJ in Bank of Credit and Commerce International (Overseas) Ltd v Akindele [2001] ... ...
  • Pakistan v Zardari
    • United Kingdom
    • Queen's Bench Division (Commercial Court)
    • 6 October 2006
    ...for the recipient to retain the benefit of the receipt: Bank of Credit and Commerce International (Overseas) Ltd v Akindele [2001] Ch 437, at 455 (CA). The innocent recipient of property does not become a constructive trustee until receipt of knowledge of the claim in equity of the true own......
  • Otkritie International Investment Management Ltd and Others v Georgy Urumov (also Known as George Urumov) and Others
    • United Kingdom
    • Queen's Bench Division (Commercial Court)
    • 10 February 2014
    ...to a breach of fiduciary duty." See El Ajou v Dollar Land Holdings plc [1994] 1 All ER 685, 700 per Hoffmann LJ; BCCI v Akindele [2001] Ch 437, 448 (CA). As submitted by Mr Berry, it is important to note that the test for knowledge in a knowing receipt claim is lower than it is for dishones......
  • Group Seven Ltd and Another v Ali Nasir and Others
    • United Kingdom
    • Chancery Division
    • 6 October 2017
    ...as to the appropriate test was entirely conventional. This statement of the test was repeated again in BCCI (Overseas) Ltd v Akindele [2001] Ch 437. 475 Akindele raised the questions as to what, in this context, was meant by knowledge and whether, in particular, it was necessary for the r......
  • Get Started for Free