Continue reading "Dreamvar: Who bears the loss?"
This post is only available to members.
Dreamvar: Who bears the loss?
Dreamvar has implications not only for conveyancers but for breach of trust claims. Claire-Marie Cornford and Sarah Smith explain ‘The Court of Appeal held that the purchase monies should have remained in the vendor’s solicitor’s client account pending either a genuine completion of the sale or further instructions from the purchaser’s solicitors.’ The recent case …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Futter & anr v HMRCC (with Pitt v HMRCC) [2013] UKSC 26; [2013] WTLR 977 SC
- Gran Gelato Ltd v Richcliff (Group) Ltd [1992] Ch 560
- M v St Anne‘s Trustees Ltd (2018) unreported judgment 1/2018 Guernsey Royal Court 12 January
- P&P Property Ltd v Owen White & Catlin LLP; Dreamvar (UK) Ltd v Mishcon de Reya [2016] EWHC 2276 (Ch); [2016] EWHC 3316 (Ch); [2018] EWCA Civ 1082
- Santander UK v RA Legal Solicitors [2014] EWCA Civ 183; [2014] WTLR 813
- White v Jones [1995] UKHL 5