Coltman and Anor v Bibby Tankers Ltd

[1970] A.C. 567
[1968] 3 W.L.R. 1097

(Judgment by: LORD REID.)

Barclays Bank Ltd. Appellants
v Quistclose Investments Ltd.

Court:
House of Lords

Judges:
Lord Reid
Lord Morris of Borth-Y-Gest
Lord Guest
Lord Pearce
Lord Wilberforce

Hearing date: 1968 July 23, 24, 25, 29; Oct. 31
Judgment date: 26 March 2009

Judgment by:
LORD REID.

My Lords, I agree with the speech of my noble and learned friend, Lord Wilberforce. I would only add that I am by no means satisfied that this House would be precluded from holding, in such circumstances as exist in this case, that notice of the trust received by the bank after they had received the money could be effective.

I would dismiss this appeal.