Someone recently bought our

students are currently browsing our notes.

X

Loch v John Blackwood Ltd

[1924] AC 783

Case summary last updated at 23/01/2020 18:35 by the Oxbridge Notes in-house law team.

Judgement for the case Loch v John Blackwood Ltd

Man set up a company; after his death, company was run by trustee for benefit of his estate (which included trustee’s wife). Trustee began to run business as if it were his own, and allotted shares so as to give himself and his wife voting control, as well as paying himself a large salary. Held:
 
·       Other members of company could have no confidence in manner in which trustee ran company.
·       This winding-up order granted.

Loch v John Blackwood Ltd crops up in following areas of law