- Cited — Mark Byers v The Saudi National Bank 2022-01-27
“…commencement of its winding up. That case eventually foundered when the Supreme Court held in judgments given on 1 February 2017 (Akers v Samba Financial Group [2017] UKSC 6, [2017] AC 424) that “for the purposes of section 127 of the Insolvency Act 1986 there was no disposition of any rights of SICL in relation to the shares by vi…”
- Cited — Mark Byers v The Saudi National Bank 2022-01-27
“…(see Barlow Clowes International Ltd v Eurotrust International Ltd [2005] UKPC 37, [2006] 1 WLR 1476, at paragraph 10, and also Ivey v Genting Casinos (UK) Ltd [2017] UKSC 67, [2018] AC 391). However, there is no requirement that the defendant should have received property to which the trust or fiduciary obligation has ever attache…”
- Approved — Clark v HM Revenue and Customs 2020-02-21
“…imited v GP Noble Trustees Limited (Morrisintervening) [2012] EWCA Civ 195, [2013] Ch 91, at [106], approved by Lord Mance JSC in Akers v Samba Financial Group [2017] UKSC 6, [2017] AC 424, at [51] to [52]. Thus, property which is transferred to or in respect of a pension scheme member in breach of trust is always potentially liabl…”