Possfund Custodian Trustee Ltd and Another v Diamond and Others ; Parr and Others v Same ; McGrigor Donald (A Firm) Third Party
| Jurisdiction | England & Wales |
| Judgment Date | 02 April 1996 |
| Date | 02 April 1996 |
| Court | Chancery Division |
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7 cases
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Golden Belt 1 Sukuk Company BSC(C) v BNP Paribas; FCOF II UB Securities LLC and Others v BNP Paribas
...he was entitled to rely on the advice or information communicated to him for the very purpose for which he required it." 153 Possfund Custodian Trustee Ltd v Diamond [1996] 1 WLR 1351 was a decision of Lightman J on a summary judgment application. This was a claim against directors of a co......
- Kiara Emas Asia Industries Berhad v Tetuan Wong-Chooi & Mohd Nor
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Rawlinson & Hunter Trustees SA in its capacity as trustee of the Tchenguiz Discretionary Trust (Claimant) Director of the Serious Fraud Office (Defendant) Grant Thornton UK LLP and Others (Respondents)
...In that context, he relied on Chanel Ltd v FW Woolworth & Co Ltd [1981] 1 WLR 485 per Buckley LJ at pp492–493; Possfund Custodian Trustee Ltd v McGrigor Donald [1996] 1 WLR 1351 per Lightman J at p1356; and Ryan v Friction Dynamics Ltd [2001] C.P. Rep. 75. Here, I do not consider that there......
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Derek William Hall v Cable & Wireless Public Ltd Company
...content of listing particulars in such a way as to include post-listing announcements. Instead I was referred to Possfund v Diamond [1996] 2 All ER 774. That case concerned the question whether those who issue a prospectus in connection with the flotation of shares on the unlisted securitie......
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2 books & journal articles
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Possfund v Diamond: A Reassessment of the Common Law Duty Owed to Subsequent Purchasers Who Rely on a Company Prospectus
...(1) Possfuud Custodian Trustee Ltd and Another v Diamond and Others, Parr and Others v Same, McGrigor Donald (a firm) Third Party (1996) 2 All ER 774. (2) (1873)LR 6 HL 377. (3) (1964) AC 465. (4) Caparo Industries Ltd v Dickman (1990) 1 All ER 568. (5) (1990) 3 All ER 321. (6) (1994) 3 All......
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The public offer of securities in the United Kingdom.
...(301.) See Companies (Forms) (Amendment) Regulations 1988 (SI 1988 No. 1359). (302.) See Possfund Custodian Trustee Ltd. v. Diamond, (1996) 2 All ER 774. The court, nonetheless, with respect to a prospectus relating to unlisted shares refused to grant a motion to dismiss as to those who pur......