Agricultural holding
Smyth-Tyrrell and another v Bowden [2018] EWHC 106 (Ch) [2018] All ER (D) 22 (Feb)
The claimants’ claim, in which they sought declarations regarding a portion of land in Cornwall, failed. The Chancery Division held that the claimants had possessed neither a tenancy under the Agricultural Holdings Act 1986, nor a business tenancy under the Landlord and Tenant Act 1954, Pt II. The claimants were not entitled to an interest in the land via the doctrine of proprietary estoppel.
Bank
Singularis Holdings Ltd (in official liquidation) (a company incorporated in the Cayman Islands) v Daiwa Capital Markets Europe Ltd [2018] EWCA Civ 84 [2018] All ER (D) 10 (Feb)
A company in liquidation, Singularis Holdings Ltd, had successfully brought a claim, alleging negligence and breach of contract, against an investment bank, Daiwa Capital Markets Europe Ltd (Daiwa), to recover sums which Daiwa had paid from its client account to other companies at the instigation of Singularis’s sole shareholder and director. The Financial List, in dismissing Daiwa’s appeal, held, among other things, that the judge had correctly concluded that it would have been wrong
