Statements (22)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
UK insolvency case
|
| gptkbp:area |
insolvency law
trust law |
| gptkbp:citation |
[1975] 1 All ER 604
[1975] 1 WLR 279 |
| gptkbp:country |
gptkb:United_Kingdom
|
| gptkbp:date |
1975
|
| gptkbp:fullName |
Re Kayford Ltd (in liquidation)
|
| https://www.w3.org/2000/01/rdf-schema#label |
Re Kayford Ltd
|
| gptkbp:judge |
gptkb:High_Court_of_Justice_(Chancery_Division)
Megarry J |
| gptkbp:key |
A trust can be created without using the word 'trust' if the intention is clear.
Money paid by customers in advance can be held on trust for them if properly segregated. |
| gptkbp:party |
Kayford Ltd (company)
liquidator of Kayford Ltd |
| gptkbp:predecessor |
treatment of customer funds in insolvency
|
| gptkbp:significance |
Clarified requirements for creating a trust in insolvency situations.
|
| gptkbp:subject |
company insolvency
customer prepayments |
| gptkbp:bfsParent |
gptkb:Denning_J
gptkb:Denning_LJ |
| gptkbp:bfsLayer |
8
|