Supreme Court
*Angove’s Pty Ltd
v
Bailey and another
[2016] UKSC 47
2016 June 8;
July 27
Lord Neuberger of Abbotsbury PSC, Lord Clarke of Stone-cum-Ebony, Lord Sumption, Lord Carnwath, Lord Hodge JJSC
AgencyAuthorityTerminationAgency agreement for importation and distribution of wineAgreement expressly terminable on either party going into administration or liquidationAgent going into liquidation while outstanding invoices unpaidWhether agent’s authority to collect on outstanding invoice terminatedWhether liquidators entitled to claim payment of unpaid invoicesWhether any sums collected by liquidators to be held on constructive trust for principal
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