House of Lords
Twinsectra Ltd
v
Yardley and others
[2002] UKHL 12
2001 Oct 15, 16, 17, 18;
2002 March 21
Lord Slynn of Hadley, Lord Steyn, Lord Hoffmann, Lord Hutton and Lord Millett
TrustsResulting trustDishonestyLender requiring solicitor's undertaking before making loanThird party solicitor undertaking that loan moneys only to be used for acquisition of property by borrowerThird party solicitor paying moneys to borrower's solicitorBorrower's solicitor treating loan moneys as at free disposal of clientSome moneys not used in acquisition of propertyWhether undertaking creating trustWhether borrower's solicitor dishonestly assisting in breach of trust
167 Lord Slynn of Hadley
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