Taylor v Okey
Jurisdiction | England & Wales |
Judgment Date | 06 December 1806 |
Date | 06 December 1806 |
Court | High Court of Chancery |
English Reports Citation: 33 E.R. 263
HIGH COURT OF CHANCERY
13 VES. JUN. 181. TAYLOR V. OKEY 263 taylor v. okey. Dec. 5th, Mh, 180G. Set-off, where a Creditor had borrowed from the Debtor under an express promise to pay. Mr. Wing field, for the Defendant, moved to dissolve an Injunction. Mr. Fonblanque and Mr. G. Wilson, shewed cause. The point was upon a claim to set-off against a debt a sum of money borrowed by the creditor from the debtor under an express promise to pay. They cited Atkinson v. Elliott (7 Term Rep. 378), and Lechmere v. Hawkins (2 Esp. N. P. Gas. 02(5). [181] Dec. btli. The Lord Chancellor [Erskine]. My opinion is, that this claim of set-off must be allowed in Equity; and, except from the circumstance, that the parties are not the same, it would do at Law, under the authority of Lechmere v. Hawkins ; which is precisely this case. The argument, addressed to me yesterday for dissolving the Injunction, was the same, that I used ; that the express promise bound the party, making it an absolute payment under all...
To continue reading
Request your trial-
Re Kaupthing Singer and Friedlander Ltd: Newcastle Building Society v Mill and Others
...Despite the identity of the reporter (see Megarry, a Second Miscellany-at-Law p.118/119) this case was followed by Lord Erskine in Taylor v Okey (1806) 13 Ves.Jun.181. The two cases together were regarded by the editors of Halsbury's Laws of England 4th Ed. Vol.42 para 434 as establishing t......
-
Coca-Cola Financial Corporation v Finsat International Ltd and Others
...continued: "In my judgment the Halesowen case gives me very ample grounds for departing from the two old cases. [ Lechmere v. Hawkins and Taylor v. Okey] In consequence, I hold as a matter of law the bank are entitled to rely on the clause excluding any right of set off against the letter o......
-
Citibank NA v Lee Hooi Lian and Another
...Havelock-Allan relies in answer on two old first instance authorities, namely, Lechmere v Hawkins (1798) 2 Esp 626 and Taylor v Okey (1806) 13 Ves Jun 180. … These two cases are cited as good authority for the proposition that a right of set-off “cannot be waived” in 42 Halsbury's Laws of E......