Financial Services Authority v Asset L I Inc (trading as Asset Land Investment Inc) and others – WLR Daily

Posted February 13th, 2013 in estoppel, financial regulation, hearsay evidence, law reports, news by sally

Financial Services Authority v Asset L I Inc (trading as Asset Land Investment Inc) and others [2013] EWHC 178 (Ch); [2013] WLR (D) 54

“Arrangements amounting to collective investment schemes within the meaning of section 235 of the Financial Services and Markets Act 2000, or more generally, were not inchoate or imperfect contracts that were displaced if their parties entered into a form of understanding or contract.”

WLR Daily, 8th February 2013

Source: www.iclr.co.uk