Halesowen Presswork & Assemblies Ltd v Westminster Bank Ltd

JurisdictionUK Non-devolved
JudgeViscount Dilhorne,Lord Simon of Glaisdale,Lord Cross of Chelsea,Lord Kilbrandon
Judgment Date26 January 1972
Judgment citation (vLex)[1972] UKHL J0126-2
Date26 January 1972
CourtHouse of Lords
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74 cases
4 firm's commentaries
  • The Acquisition and Leveraged Finance Review – England and Wales
    • United Kingdom
    • JD Supra United Kingdom
    • 19 October 2017
    ...v. Compagnie Nationale Air France [1975] 1 WLR 758. 21 See, e.g., National Westminster Bank Ltd v. Halesowen Presswork & Assemblies Ltd [1972] AC 785. 22 Regulation (EC) 593/2008 on the Law Applicable to Contractual 23 Arbitration clauses are normally only entered into in acquisition financ......
  • Harneys Corporate Recovery Services Guides to The Insolvency Act 2003 - Part 3
    • British Virgin Islands
    • Mondaq Virgin Islands
    • 8 September 2004
    ...Ltd [2002] 1 BCLC 390 253 Section 149(c) 254 Section 160 255 National Westminster Bank Ltd v Halesowen Presswork & Assemblies Ltd. [1972] AC 785; Stein†v Blake[1996] AC 243 256 Re BCCI (No. 10) [1997] Ch 213 257 Section 150(4) 258 Section 152(1) to (4) 259 Section 152(6) 260 Section 152......
  • MAC Clauses Post August 2007 - What Do They Mean In The Current Financial Markets?
    • United Kingdom
    • Mondaq United Kingdom
    • 22 September 2009
    ...The Court construed the clause according to its literal meaning. In National Westminster Bank plc v Halesowen Pressworks Assembles Ltd ([1972] AC 785 HL), the Court held that a resolution to wind up company was a material change of circumstances. There is also a statutory definition of "mat......
  • Legal Issues In The Creation of Security - Part 2
    • Cayman Islands
    • Mondaq Cayman Islands
    • 29 June 2008
    ...JBL 433-471 at p436 51 [2001] 2 A. 710 52 [1994] 1 BCLC 485 53 Insert details 54 See Moschi v. Lep Air Services Ltd [1973] AC 331 55 [1972] AC 785 56 See Jeffryes v. Agra and Masterman's Bank (1866) LR 2 Eq 674 57 See Lingard on Security pages 119-120 Cayman Islands Wayne Panton, Partner Lo......
8 books & journal articles
  • Table of cases
    • Canada
    • Irwin Books Bank and Customer Law in Canada. Second Edition
    • 19 June 2013
    ...303 National Westminster Bank Ltd. v. Halesowen Presswork & Assemblies Ltd., [1972] A.C. 785 (H.L.) ............... 260, 261, 263 National Westminster Bank plc v. Amin, [2002] UKHL 9213 ........................... 213 National Westminster Bank plc v. Morgan, [1985] A.C. 686 (H.L.) ...............
  • Bank Accounts
    • Canada
    • Irwin Books Bank and Customer Law in Canada. Second Edition
    • 19 June 2013
    ...Ltd. (1973), 34 D.L.R. (3d) 489 (Ont. H.C.J.); Arthur Andersen Inc. v. Toronto-Dominion Bank (1994), 17 O.R. (3d) 363 (Ont. C.A.). 133 [1972] A.C. 785 (H.L.) [ National Westminster Bank v. Halesowen ]. Bank Accounts 261 company’s affairs improved. The customer subsequently resolved to wind ......
  • Bank Accounts
    • Canada
    • Irwin Books Archive Bank and Customer Law in Canada
    • 8 September 2007
    ...parte Royal Bank of Canada, Re , [1933] O.R. 120 (Ont. C.A.) [ Re Sutcliffe ]; O’Hearn v. Bank of Nova Scotia , [1970] S.C.R. 341. 130 [1972] A.C. 785 (H.L.) [ National Westminster Bank v. Halesowen ]. 131 Bankruptcy and Insolvency Act , R.S.C. 1985, c. B-3, s. 42. 132 Re D.W. McIntosh Ltd ......
  • THE (QUISTCLOSE) RESULTING TRUST AS A PROPRIETARY RESPONSE TO UNJUST ENRICHMENT
    • Singapore
    • Singapore Academy of Law Journal No. 2014, December 2014
    • 1 December 2014
    ...Essays (W Swadling ed) (Hart Publishing, 2004) ch 2, at pp 31–32. 32National Westminster Bank Ltd v Halesowen Presswork & Assemblies Ltd[1972] AC 785; Stein v Blake[1995] 2 WLR 710. 33 See Latimer v Commissioner of Inland Revenue[2004] 1 WLR 1466; [2004] 4 All ER 558 at [41], where the trus......
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