Quistclose Investments Ltd v Rolls Razor Ltd ((in Liquidation))
| Jurisdiction | UK Non-devolved |
| Judge | Lord Reid,Lord Morris of Borth-y-Gest,Lord Guest,Lord Pearce,Lord Wilberforce |
| Judgment Date | 31 October 1968 |
| Judgment citation (vLex) | [1968] UKHL J1031-3 |
| Date | 31 October 1968 |
| Court | House of Lords |
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532 cases
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Chandrakant Patel v Salman Mirza
...modern, concept of unjust enrichment. Secondly, it is said that the monies monies were held by Mr Mirza on trust for Mr Patel, either as a Quistclose trust or (if different) a resulting trust. 13 In addition, though it found little place in the argument, it was also contended in the pleadin......
- Saipem (M) Sdn Bhd v AG & P (M) Sdn Bhd ((in Liquidation))
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Guardian Ocean Cargoes Ltd v Banco do Brasil
...on compound interest and on the date from which simple interest should run. LORD JUSTICE MANN 53 I agree LORD JUSTICE BUTLER-SLOSSQuistclose trust, after the decision of the House of Lords in Barclays Bank v Quistclose Investments [1970] AC 567. The payments were made for the specific purpo......
- Jagdis Singh Banta Singh v Zakaria Yahaya and Another
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3 firm's commentaries
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Termination of Bitcoin trading account
...so that these decisions are defensible should they later be challenged. Footnotes 1. Per Barclays Bank Ltd v Quistclose Investments Ltd [1970] AC 567. 2. [2019] EWHC 879 Edward Levy function JDS_LoadEvent(func) { var existingOnLoad = window.onload; if (typeof window.onload != 'function') { ......
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Bankruptcy law update: The loan agreement created a trust so avoided the preference provisions a setback for trustees
...We will be watching with interest to see if this case is appealed. Footnote 1Barclays Bank Limited v Quistclose Investments Limited [1970] AC 567 The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific ......
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Court Of Appeal Confirms That Correspondent Banking Obligations Are Personal, Not Proprietary
...B's debt owed to C, a Quistclose trust (so named after the House of Lords decision in Barclays bank Ltd v. Quistclose Investments Ltd [1970] AC 567) may be deemed to arise in the event that B applies the money for a different purpose. In such circumstances, B may not use the funds save for ......
26 books & journal articles
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Restitution
...decision is unexceptional. The plaintiff did not appear to have argued a Quistclose trust (Barclays Bank Ltd v Quistclose Investments Ltd[1970] AC 567) on the basis that the money was to be used only for a specific purpose (see T M Yeo and H Tjio, ‘The Quistclose Trust’(2003) 119 LQR 8 at 1......
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Table of Cases
...LR 5 QB 549, 39 LJQB 237, 22 LT 813, Ct of QB 42, 47, 48, 49, 53, 55, 56, 57, 60, 61, 62, 229 Barclays Bank Ltd v Quistclose Investments [1970] AC 567, [1968] 3 All ER 651, [1968] 3 WLR 1097, HL 176 Barrett v Bem & Ors [2011] EWHC 1247 (Ch), [2012] Ch 573, [2011] 3 WLR 1193, [2011] All ER (......
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Table of cases
...276 (C.A.)................................................................... 169 Barclay’s Bank Ltd. v. Quistclose Investments Ltd., [1968] 3 All E.R. 651, [1968] 3 W.L.R. 1097 (H.L.).......................................................................... 71 Barford v. Street (1809), 16 ......
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UNJUST ENRICHMENT, PROPRIETARY SUBROGATION AND UNSATISFACTORY EXPLANATIONS
...at [131] and [140]. 64Bank of Cyprus UK Ltd v Menelaou[2015] UKSC 66 at [135], referring to Quistclose Investments Ltd v Rolls Razor Ltd[1970] AC 567 and Twinsectra Ltd v Yardley[2002] 2 AC 164. 65Bank of Cyprus UK Ltd v Menelaou[2015] UKSC 66 at [134] and [137]–[139]. 66Bank of Cyprus UK L......
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