Milk quota
Series: Estates Gazette ; [1999] EGCS 137 (1)Publication details: 1999Subject(s): Summary: "Swift and another v Dairywise Farms Ltd and others". ChD 17 November 1999. D was a company providing loans to farmers on the security of milk quotas, and it went into liquidation. At issue was whether quotas could be the subject of a trust. Held: quotas had commercial value and legal effect. that limitations were placed on how quotas might be held or conveyed was no reason for refusing to impose a trust, there being a complete analogy with a trust of a non-assignable contract.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3547-44 (Browse shelf(Opens below)) | 1 | Available | 103005-1001 |
"Swift and another v Dairywise Farms Ltd and others". ChD 17 November 1999. D was a company providing loans to farmers on the security of milk quotas, and it went into liquidation. At issue was whether quotas could be the subject of a trust. Held: quotas had commercial value and legal effect. that limitations were placed on how quotas might be held or conveyed was no reason for refusing to impose a trust, there being a complete analogy with a trust of a non-assignable contract.