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Colonial Bank v Whinney: HL 1886

The parties disputed whether shares in a joint stock company were choses in action for the purposes of the 1883 Act so as to make them available to creditors on a bankruptcy.
Held: The appeal succeeded.
Blackburn L noted that there had always been a difference between personal property, which was capable of being stolen, taken, and carried away, and thus the subject of larceny at common law, and other kinds of personal property which could not be the subject of larceny or be taken in execution, because they could not be seized.

Judges:

Blackburn L

Citations:

[1886] 1 1 AppCas 426

Statutes:

Bankruptcy Act 1883 44(iii)

Jurisdiction:

England and Wales

Citing:

Appeal fromColonial Bank v Whinney CA 1885
The court was asked to decide whether shares in a joint stock company were to be classified as choses in action for the purposes of the proviso to section 44(iii) of the 1883 Act by which property in the order or disposition of the bankrupt in his . .

Cited by:

CitedYour Response Ltd v Datateam Business Media Ltd CA 14-Mar-2014
The claimant employed the defendant to manage subscription lists for the claimant’s magazines. The claimant came to seek damages, and the defendant for non-payment of its invoices. The court was now asked whether it was possible to assert a common . .
Lists of cited by and citing cases may be incomplete.

Company, Insolvency

Updated: 12 July 2022; Ref: scu.559268

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