“…As Neuberger J pointed out in National Westminster Bank plc v Jones[2001] 1 BCLC 98 at [46] there is a strong presumption that parties to what appear to be perfectly proper agreements on their face intended them to be effective and that they i…”
“…A similar approach was adopted by Neuberger J, as he then was, in National Westminster Bank plc v Jones & Ors [2001] 1 BCLC 98. In that case, in order to seek to protect farmland and assets from the bank as mortgagee, the defendants formed a company of which they were the sole director…”