Patel v Mirza

Subject Matter

CONTRACT — Formation — Whether contract concluded — Claimant advancing moneys to defendant for purpose of entering into contract to bet on share price of bank — Whether sums advanced recoverable

[2013] EWHC 1892 (Ch); [2013] Lloyd's Rep FC 525; [2013] WTLR 1755; [2013] CN 1169, Ch D

CONTRACT — Illegality — Enforceability — Claimant advancing money to defendant pursuant to agreement to use it for insider dealing — Agreement frustrated by failure to obtain inside information — Claimant seeking repayment of money — Whether claimant’s case relying on illegal agreement — Whether claimant barred from relying on illegal agreement if no part of it carried into effect due to frustration

[2014] EWCA Civ 1047; [2015] Ch 271; [2015] 2 WLR 405; [2015] 1 All ER 326; [2015] 2 All ER (Comm) 1; [2014] Lloyd's Rep FC 561; [2015] 1 BCLC 256; [2014] WTLR 1567; The Times, 12 August 2014; [2014] WLR (D) 337, CA

CONTRACT — Illegality — Enforceability — Claimant advancing money to defendant pursuant to agreement to use it for insider dealing — Agreement frustrated by failure to obtain inside information — Claimant seeking repayment of money — Circumstances in which claims based on illegality enforceable — Whether claimant entitled to repayment

[2016] UKSC 42; [2017] AC 467; [2016] 3 WLR 399; [2017] 1 All ER 191; [2016] 2 Lloyd's Rep 300; The Times, 25 August 2016; [2016] WLR (D) 417; Case details, SC(E)

Appellate History

Commentary

Blackstones Criminal Practice 2025
Insider Dealing B7.31