SAAMCO REVISITED

Autor: Jeffrey Thomson
Rok vydání: 2017
Předmět:
Zdroj: The Cambridge Law Journal. 76:476-480
ISSN: 1469-2139
0008-1973
DOI: 10.1017/s000819731700071x
Popis: In Hughes-Holland v BPE Solicitors [2017] UKSC 21; [2017] 2 W.L.R. 1029, Mr. Gabriel lent £200,000 to a developer, Mr. Little. He had expected the money to be wholly employed by Mr. Little in developing a property. Mr. Little, however, used the advance to discharge borrowings secured on the property, and other liabilities. In the event, no development of any significance was carried out, the property was worthless and Mr. Gabriel's advance was lost.
Databáze: OpenAIRE