Cornelius v Phillips: HL 1918

A transaction which had been entered into in contravention of statutory restrictions was unlawful, and any contract which formed part of it conferred no rights on the moneylender.


[1918] AC 199


England and Wales

Cited by:

CitedHughes v Asset Managers Plc CA 13-May-1994
The appellants had entered into discretionary investment management agreements wth the respondent. The investments made a substantial losss which the appellants sought to recover, saying that the agreements were void under the 1958 Act.
Held: . .
Lists of cited by and citing cases may be incomplete.

Banking, Contract

Updated: 15 May 2022; Ref: scu.267377