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14 February 2025 / Michael L Nash
Issue: 8104 / Categories: Features , Property , International
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Are finders still keepers?

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Who owns lost treasures once they have been found? Michael L Nash unearths some peculiarities in the law of possession & ownership

On 6 February 1987, I wrote an article for NLJ under the heading of ‘Are Finders Keepers?’, 137 NLJ 118, based on the case of Elwes v Brigg Gas Co (33 Ch D 562) in 1885. Since then, a great deal has happened in the world of possession and ownership, on which this celebrated case was based. Could the owner of land own objects under the surface—sometimes a very long way under—of which they had no knowledge whatsoever? Or, in giving a lease to another to excavate, did what the lessee found belong to them, given that they had no knowledge either of what they did find, in course of their excavation?

Who owns what?

The property law of England became largely, though not entirely, the result of evolution, rather than revolution. The English, or the British perhaps, have always been loath to abandon anything quaint or whimsical, which is so much part and parcel of a

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MOVERS & SHAKERS

Anthony Collins—20 promotions

Anthony Collins—20 promotions

20 promotions mark major people investment at national law firm, Anthony Collins

Sidley—Elaine Whiteford

Sidley—Elaine Whiteford

Sidley adds competition litigator Elaine Whiteford in London

Charles Russell Speechlys—Claudina D’Costa

Charles Russell Speechlys—Claudina D’Costa

Charles Russell Speechlys welcomes Claudina D’Costa as Director of Client Development Marketing

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