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Fraud: Buyer beware
Sonia Ferreira, Karen Jacobs and Tim Constable consider who is to blame if the seller is an imposter ‘In order to provide protection for a buyer, a buyer’s solicitor may wish to seek an undertaking from a seller’s solicitor that it will only release completion moneys upon receiving confirmation that it acts for the true …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Caparo Industries plc v Dickman [1990] UKHL 2
- Excel Securities plc v Masood [2009] EWHC 3912 (QB)
- Gran Gelato Ltd v Richcliff (Group) Ltd [1992] Ch 560
- P&P Property Ltd v Owen White & Catlin LLP; Dreamvar (UK) Ltd v Mishcon de Reya [2016] EWHC 2276 (Ch); [2016] EWHC 3316 (Ch); [2018] EWCA Civ 1082
- Penn v Bristol & West Building Society & ors [1997] EWCA Civ 1416
- Purrunsing v A'Court & Co [2016] EWHC 789 (Ch); [2016] WTLR 1027