Sham transaction
Language: English Series: Estates Gazette Case Summaries ; (1994) EGCS 113(1) (25/6/94)Publication details: 1994Subject(s): Summary: "Midland Bank plc v Wyatt and others" ChD 10 June 1994. A charging order was made on the defendant`s interest in property. His defence, a trust arrangement giving his equity in the property to his wife and children, was found to be a sham intended to protect this asset from commercial risk if he set up in business.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | London Journal article | W7996 (Browse shelf(Opens below)) | 1 | Available | 58931-1001 |
"Midland Bank plc v Wyatt and others" ChD 10 June 1994. A charging order was made on the defendant`s interest in property. His defence, a trust arrangement giving his equity in the property to his wife and children, was found to be a sham intended to protect this asset from commercial risk if he set up in business.