The Law Reports (Chancery Division)
[1997] Ch 144
[COURT OF APPEAL]
NEVILLE
and Another
v.
WILSON
and Others
1996 Jan. 29,
30,
31;
March 20
March 20
Nourse, Rose and Aldous L.JJ.
Assignment
— Equitable
— Disposition of equitable interest
— “Disposition” required to be in writing
— Shareholders' oral agreement for informal liquidation of company and division of assets amongst themselves
— Whether creation of implied or constructive trusts
— Whether requirement for writing dispensed with
— Whether valid disposition
—
Law of Property Act 1925 (15 & 16 Geo. 5, c. 20), s. 53(1)(c)(2)
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