Summary The court examined the meaning of "owner's powers in relation to a registered estate or charge" in the Land Registration Act 2002 s.23 and s.24. Although "owner's powers" in s.24 extended to a power of sale of charged land by an equitable assignee of the charge, the section did not...

Summary A landlord had been entitled to recover by way of service charges VAT which it had to pay to its managing agent in respect of the salaries of the agent's caretaking staff. Such VAT did not fall within the extra-statutory concession set out in VAT Notice 48 para.3.18. Facts The...

Summary The First-tier Tribunal had erred when amending a Charity Commission scheme in respect of land held on trust so as to preserve the land as an open space, by treating the trusts as establishing the land as having a purpose rendered charitable by reason of the particular qualities of...

Summary An application by claimants in arbitral proceedings for urgent interim relief in the form of disclosure of profits made by the defendants in a joint venture would be refused because the claimants had not been pursuing their claim for trading profits in the arbitration but by way of separate...

Summary A company in administration recovered sums paid to third parties by its driving force, who appeared to have been a con-man. Its administrators' applications for orders under the Insolvency Act 1986 s.238 in respect of those sums, made on the basis that the payments were transactions at an undervalue, failed...

Summary An order which permitted a liquidator to disclose the product of a private examination of a director under the Insolvency Act 1986 s.236 to the assignee of claims vesting in an insolvent company was varied to permit a second assignee to have disclosure. There was no evidence of any breach...

Summary In construing the terms of an agreement between the parties where the ordinary and natural meaning of the words used could not have been intended, the court held that the re-assignment to the appellant of a debt for which it had already received the full value from the respondent...

Summary The court adjourned applications intended to elucidate the authority of those acting on behalf of the claimant Libyan Investment Authority pending the outcome of an application to appoint a receiver and manager to manage the action on the claimant's behalf. Facts The claimant Libyan Investment Authority (LIA) applied for...