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Quistclose trusts: A high threshold of facts
Recent case law has confirmed that Quistclose trusts do not override commercial practice. Professor Sukhninder Panesar explains The mere fact that the monies were advanced for a specific purpose was not in itself sufficient for the finding of a Quistclose trust; there had to be more in the sense that the monies were only to …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Barclays Bank Ltd v Quistclose Investments Ltd [1968] UKHL 4
- Bellis & ors v Challinor & ors [2015] EWCA Civ 59
- Bieber & ors v Teathers Ltd [2012] EWCA Civ 1466; [2013] WTLR 1 CA
- First City Monument Bank plc v Zumax Nigeria Ltd [2019] EWCA Civ 294; [2019] WTLR 511 CA
- Gore & anr v Mishcon de Reya [2015] EWHC 164 (Ch)
- Prickly Bay Waterside Ltd v British American Insurance Company Ltd [2022] UKPC 8
- Twinsectra Ltd v Yardley & ors [2002] UKHL 12; [2002] WTLR 423 HL