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Prest: what the Supreme Court decided

© Copyright LexisNexis 2024. All rights reserved.
Date:22 AUG 2013

William Healing, Partner, Kingsley Napley LLP

The eagerly anticipated decision of Prest v Petrodel Resources Limited and Others [2013] UKSC 34, has produced a result not expected by many family lawyers: first that Mrs Prest would win and secondly,  by using the law of resulting trusts, to seek to achieve a fair result for her. This article looks at the judgment with particular emphasis for practitioners on the common law power to pierce the corporate veil and the guidance given on a matter of policy and principle in all divisions, not just for family law.

The full version of this article appears in the September 2013 issue of Family Law.    

 

Read the full article here.

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