header-logo header-logo

17 May 2007 / Sarah Greer
Issue: 7273 / Categories: Features , Tax
printer mail-detail

A last resort

Is gender bias inherent in the presumption of advancement? asks Sarah Greer

Recently, the Privy Council confirmed that the equitable concept of the presumption of advancement, seen by some as a legal anachronism, and described as a “judicial instrument of the last resort” (McGrath v Wallis [1995] 2 FLR 114, [1995] 3 FCR 661), has continued to survive well into the 21st century.

GIFT OR TRUST?

In Antoni v Antoni [2007] UKPC 10, [2007] All ER (D) 335 (Feb), the Privy Council decided that the presumption of advancement applied in a case where a father had transferred shares in the family business to his children. Dr Antoni’s widow, the children’s stepmother, argued that her husband had intended the children to hold the shares on trust for him. She relied on the evidence of Antoni’s will, which left the whole shareholding of the company to her.

At first instance, although it was raised in submissions, the judge ignored the presumption of advancement entirely. He found for the widow, on the grounds that the children had not discharged the burden of satisfying him that their father

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Jurit LLP—Caroline Williams

Jurit LLP—Caroline Williams

Private wealth and tax team welcomes cross-border specialist as consultant

Freeths—Michelle Kirkland Elias

Freeths—Michelle Kirkland Elias

International hospitality and leisure specialist joins corporate team as partner

Flint Bishop—Deborah Niven

Flint Bishop—Deborah Niven

Firm appoints head of intellectual property to drive northern growth

NEWS
Talk of a reserved ‘Welsh seat’ on the Supreme Court is misplaced. In NLJ this week, Professor Graham Zellick KC explains that the Constitutional Reform Act treats ‘England and Wales’ as one jurisdiction, with no statutory Welsh slot
The government’s plan to curb jury trials has sparked ‘jury furore’. Writing in NLJ this week, David Locke, partner at Hill Dickinson, says the rationale is ‘grossly inadequate’
A year after the $1.5bn Bybit heist, crypto fraud is booming—but so is recovery. Writing in NLJ this week, Neil Holloway, founder and CEO of M2 Recovery, warns that scams hit at least $14bn in 2025, fuelled by ‘pig butchering’ cons and AI deepfakes
After Woodcock confirmed no general duty to warn, debate turns to the criminal law. Writing in NLJ this week, Charles Davey of The Barrister Group urges revival of misprision or a modern equivalent
Family courts are tightening control of expert evidence. Writing in NLJ this week, Dr Chris Pamplin says there is ‘no automatic right’ to call experts; attendance must be ‘necessary in the interests of justice’ under FPR Pt 25
back-to-top-scroll