Scribd Logo
Upload

Welcome to Scribd!

  • 293 views

    Jones V Lipman 1962 1 WLR 832

    Uploaded by

    Mora Ramadhan Panggabean
    Mr. Lipman contracted to sell his house to Jones but then changed his mind and sold the property to a company he had established instead. The company was set up solely for the purpose of receiving the land from Lipman. The court held that the company was a sham used by Lipman to avoid his pre-existing legal obligation to sell the house to Jones. The judge described the company as a "device and a sham, a mask which he holds before his face in an attempt to avoid recognition by the eye of equity."

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content

    You might also like

    Jones V Lipman 1962 1 WLR 832

    Uploaded by

    Mora Ramadhan Panggabean
    293 views1 page
    Mr. Lipman contracted to sell his house to Jones but then changed his mind and sold the property to a company he had established instead. The company was set up solely for the purpose of receiving the land from Lipman. The court held that the company was a sham used by Lipman to avoid his pre-existing legal obligation to sell the house to Jones. The judge described the company as a "device and a sham, a mask which he holds before his face in an attempt to avoid recognition by the eye of equity."

    Original Description:

    Original Title

    jones-v-lipman-1962-1-wlr-832

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Mr. Lipman contracted to sell his house to Jones but then changed his mind and sold the property to a company he had established instead. The company was set up solely for the purpose of receiving the land from Lipman. The court held that the company was a sham used by Lipman to avoid his pre-existing legal obligation to sell the house to Jones. The judge described the company as a "device and a sham, a mask which he holds before his face in an attempt to avoid recognition by the eye of equity."

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    293 views1 page

    Jones V Lipman 1962 1 WLR 832

    Uploaded by

    Mora Ramadhan Panggabean
    Mr. Lipman contracted to sell his house to Jones but then changed his mind and sold the property to a company he had established instead. The company was set up solely for the purpose of receiving the land from Lipman. The court held that the company was a sham used by Lipman to avoid his pre-existing legal obligation to sell the house to Jones. The judge described the company as a "device and a sham, a mask which he holds before his face in an attempt to avoid recognition by the eye of equity."

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    Jones v Lipman [1962] 1 WLR 832 - 02-08-2019

    by Case Summaries2 - Law Case Summaries - https://lawcasesummaries.com

    Jones v Lipman [1962] 1 WLR 832

    https://lawcasesummaries.com/knowledge-base/jones-v-lipman-1962-1-wlr-832/

    Facts

    Mr Lipman contracted to sell a house with freehold title to Jones for £5,250.00.
    Pending completion, Lipman changed his mind and instead sold and transferred the land to a
    company, which he and a law clerk were the sole directors and shareholders of, for £3,000.00.
    The company had been set up for the sole purpose of receiving this land.
    $1,554.00 of the £3,000.00 was borrowed by the company from a bank and the rest remaining
    owing to Lipman.

    Issues

    Was Lipman's company an attempt to avoid a pre-existing legal obligation?

    Held

    The English High Court held that the company was a sham or facade which Lipman intended to
    use to evade a pre-existing obligation.

    Quotes

    "The defendant company is the creature of the first defendant, a device and a sham, a mask which he
    holds before his face in an attempt to avoid recognition by the eye of equity."

    (Russell J at page 835)

    _______________________________________________

    Law case summary from www.lawcasesummaries.com

    1/1

    Powered by TCPDF (www.tcpdf.org)

    You might also like