Lemon v Austin Friars Investment Trust

JurisdictionEngland & Wales
Date1926
CourtCourt of Appeal
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9 cases
  • Fons HF ((in Liquidation)) v Corporal Ltd and Another
    • United Kingdom
    • Chancery Division
    • 28 June 2013
    ...can, in appropriate circumstances, properly be described as a "debenture"— see the decision of the Court of Appeal in Lemon v. Austin Friars Investment Trust Ltd [1926] Ch. 1. In this case, Pollock M.R., made the point that the name ascribed to the document by the parties was not conclusive......
  • Fons HF (in Liquidation) v Pillar Securitisation S.à.r.l
    • United Kingdom
    • Court of Appeal (Civil Division)
    • 20 March 2014
    ...loan agreement described as a " debenture" absent more by way of indicia of a debenture as commonly understood (cf. the citation from Lemon v Austin Friars at page 16, per Pollack MR, referred to in para 68 above), and that a simple loan agreement does not, without more, accord with the leg......
  • W.T. Ramsay Ltd v Commissioners of Inland Revenue
    • United Kingdom
    • Chancery Division
    • 12 March 1981
    ...Commissioners of Inland Revenue 19 TC 490; [1936] AC 1;Broderip v. Salomon [1895] 2 Ch 323; Lemon v.Austin Friars Investment Trust, Ltd. [1926] Ch 1; Cleveleys Investment Trust Co. v. Commissioners of Inland Revenue(No. 2) 51 TC 26; 1975 SLT 237. 9. We, the Commissioners who heard the appea......
  • Re Lin Securities (Pte)
    • Singapore
    • Court of Appeal (Singapore)
    • Invalid date
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2 books & journal articles
  • The investor as a member of a company : a reflection on misused concept
    • South Africa
    • Lesotho Law Journal No. 20-1_2, January 2013
    • 1 January 2013
    ...on the concept, see Levy v Abercorris Slate & Slab (1887) 37 Ch 260 at 264, per Chitty J; Lemon v Austin Friars Investment Trust Ltd [1926] Ch 1 CA; British India Steam Navigation Co v IRC (1881) 7 QBD 165 at 171-172 per Grove and Lindley JJ. 47 (1887) 36 Ch D 215. A similar definition was ......
  • Die kapitaal van 'n beslote korporasie en die beskerming van skuldeisers
    • South Africa
    • South Africa Mercantile Law Journal No. , May 2019
    • 25 May 2019
    ...Tot dusver is daar nog nie 'n omvattende omskrywing vir 'n skuldbrief geformuleer nie. In Lemon v Austin Friars Investment Trust Ltd [1926] Ch 1 merk Warrington LJ in hierdie verband soos volg op (op 17): '[I]t has been said by a wiser man than myself that it is impossible to give an exhaus......

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