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SAAMCO revisited

Thomson, J. (2017). SAAMCO revisited. Cambridge Law Journal, 76(3), pp. 476-480. doi: 10.1017/S000819731700071X


In Hughes-Holland v BPE Solicitors [2017] UKSC 21; [2017] 2 W.L.R. 1029, Mr. Gabriel lent £200,000 to a developer, Mr. Little. He had expected the money to be wholly employed by Mr. Little in developing a property. Mr. Little, however, used the advance to discharge borrowings secured on the property, and other liabilities. In the event, no development of any significance was carried out, the property was worthless and Mr. Gabriel's advance was lost.

Publication Type: Article
Additional Information: This article is published in a revised form in Cambridge Law Journal This version is free to view and download for private research and study only. Not for re-distribution, re-sale or use in derivative works. © Cambridge University Press.
Departments: The City Law School > Academic Programmes
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