The WLR Daily case summaries
[2024] WLR(D) 179
King’s Bench Division
Crescent Gas Corpn Ltd v National Iranian Oil Co and another
[2024] EWHC 835 (Comm)
2024 March 13, 14, 15, 18, 19; April 15
Sir Nigel Teare sitting as a High Court judge
Trusts— Declaration of trust— Land— Claimant creditor seeking to execute judgment against first defendant company’s interest in building— First defendant claiming building subject to trust in favour of second defendant— First defendant’s declaration of trust allegedly evidenced in documents signed by its agents— Whether documents constituting declaration of trust— Whether requirement that declaration in respect of land be in writing “signed by some person who was able to declare such trust” satisfied if documents signed by agent rather than company officer—
Law of Property Act 1925 (15 & 16 Geo 5, c 20), s 53(1)(b)