Macmillan Inc. v Bishopsgate Investment Trust Plc (No. 3)

JurisdictionEngland & Wales
Judgment Date1995
Date1995
Year1995
CourtChancery Division
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114 cases
5 firm's commentaries
  • IFI Update, June 2009 - Part 1
    • United Kingdom
    • Mondaq United Kingdom
    • 14 July 2009
    ...such matters as the taking and enforcement of security (see Millett J in Macmillan Inc. v. Bishopsgate Investment Trust PLC (No 3) [1995] 1 WLR 978, at 990-991 and the Court of Appeal in the same case at [1996] 1 WLR 387). Perhaps BVI law did permit the matter to be determined by English la......
  • UK Court Clarifies Important Issues Relating to Proprietary Interests in Trust Assets
    • United Kingdom
    • LexBlog United Kingdom
    • 14 February 2022
    ...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] Lightning v. Lightning Electrical Contractors Ltd (1998) 23 TLI 35, Courtwood Ho......
  • Trustees & Commercial Transactions: Why the BVI Is A Trust Jurisdiction Of Choice
    • Cayman Islands
    • Mondaq Cayman Islands
    • 25 March 2015
    ...market value of the property. Snell's Equity (32nd ed., 2010) at 4-035; following the approach take in Macmillan v Bishopsgate (No 3). [1995] 1 WLR 978. From the head-in-the-sand approach, that if we don't actually know, we don't have notice (a risky approach for a creditor given the likeli......
  • Why The BVI Is A Trust Jurisdiction Of Choice
    • British Virgin Islands
    • Mondaq Virgin Islands
    • 2 April 2015
    ...market value of the property. Snell's Equity (32nd ed., 2010) at 4-035; following the approach take in Macmillan v Bishopsgate (No 3). [1995] 1 WLR 978. From the head-in-the-sand approach, that if we don't actually know, we don't have notice (a risky approach for a creditor given the likeli......
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11 books & journal articles
  • 'The receipt of what?': Questions concerning third party recipient liability in equity and unjust enrichment.
    • Australia
    • Melbourne University Law Review Vol. 31 No. 1, April 2007
    • 1 April 2007
    ...Parkinson (ed), The Principles of Equity (2nd ed, 2002) 55. (23) See, eg, Macmillan Inc v Bishopsgate Investment Trust plc [No 3] [1995] 3 All ER 747. On priorities: see generally RP Meagher, JD Heydon and MJ Leeming, Meagher, Gummow and Lehane's Equity.. Doctrines and Remedies (4th ed, 200......
  • CONTEMPT ORDERS AND JUDICIAL “ATTACHMENT” OF EQUITABLE PROPERTY
    • Singapore
    • Singapore Academy of Law Journal No. 2017, December 2017
    • 1 December 2017
    ...Ch 153; [2005] EWCA Civ 11 (CA). See also Milllett LJ sitting as first instance judge in Macmillan Inc v Bishopsgate Trust (No 3)[1995] 1 WLR 978 at 989. 100 Webb v Webb [1991] 1 WLR 1410 at 1418. 101 [2014] 3 SLR 381. 102 [2010] AC 90. 103 The Court of Appeal also thought that the public i......
  • Table of cases
    • Canada
    • Irwin Books Bank and Customer Law in Canada. Second Edition
    • 19 June 2013
    ...305 Macmillan Inc. v. Bishopsgate Investment Trust plc (No. 3), [1995] 1 W.L.R. 978 (Ch. D.) ....................................................................... 231 Madsen Estate v. Saylor, 2007 SCC 18 ................................................................. 251 Mailman Estate,......
  • Bank and Customer Relationships
    • Canada
    • Irwin Books Archive Bank and Customer Law in Canada
    • 8 September 2007
    ...In Gold , an uncle who was an equal benef‌iciary under an estate with a nephew entered a loan agreement with a bank secured by the 221 [1995] 1 W.L.R. 978 (Ch. D.). 222 Ibid . at 1014. For a similar cautious approach, see BCCI v. Akindele , [2001] 1 Ch. 437 (C.A.). 223 (1993), 108 D.L.R. (4......
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