Similar facts to Re
London Wine but involved precious metal dealer.
London Wine but involved precious metal dealer.
Privy Council approved Re London Wine.
Lord Mustill affirmed that a right in property,
whether legal or equitable, could not hover over an undifferentiated mass of
property.
whether legal or equitable, could not hover over an undifferentiated mass of
property.
Can only exist in relation to specifically identified
property.
property.
[Will please fusion theorists: insists upon one set of
‘certainty of subject matter’ rules for both transfer of legal titles and
creation of equitable titles.]
‘certainty of subject matter’ rules for both transfer of legal titles and
creation of equitable titles.]
