Box v. Barclays Bank (Lionel Smith, 28 Jun 1999)

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Sender:	Lionel Smith
Date:	Mon, 28 Jun 1999 13:52:53 +0100
Re:	Box v. Barclays Bank

In Box v. Barclays Bank (Eng. Ch. D.), investors paid money to S Ltd which later went bust. When they found that their deposits had been paid into accounts at Barclays, they sued that bank in negligence, money had and received, knowing receipt and for a declaration of trust. All claims failed. The case is reported only in The Times of 30 April 1998 but is on Lexis.

There are now two notes, one by G. Virgo in [1999] Company and Financial Insolvency Law Review 119 (a Mansfield Press publication) and the other by one L. Smith in the Canadian-based (1999) 14 Banking and Finance Law Review 613.

Lionel

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