DHN Food Distributors Limited v Tower Hamlets LBC [1976]

DHN
had two wholly-owned subsidiaries.
In
one of these, landed property of group was vested.
DHN
carried on business of group, occupying property as licensee.
Property
acquired under compulsory purchase.
Land
Tribunal decided negligible compensation payable –
DHN
had lost only revocable licence, and subsidiary had no business to lose.
Court
of Appeal reversed decision on ground, inter alia, that group could be treated
as single economic entity.
Lord
Denning MR –
‘The
three Companies should … be treated as one and the parent company, DHN, should
be treated as that one’