From: | Lee, James <james.lee@kcl.ac.uk> |
To: | obligations@uwo.ca |
ENRICHMENT@LISTS.MCGILL.CA | |
Date: | 04/11/2015 10:19:52 UTC |
Subject: | Two UK Supreme Court Decisions: Unjust Enrichment and Penalty Clauses |
Dear Colleagues,
With apologies for cross-posting, two decisions of the UK Supreme Court today are on private law and of note to ODG/RDG members.
In
Bank of Cyprus v Menelaou [2015] UKSC 66 (https://www.supremecourt.uk/cases/docs/uksc-2013-0171-judgment.pdf), the Court reviews the law of unjust enrichment and subrogation
in a quite significant decision given the different nuances of the respective Justices’ approaches.
In
Cavendish Square Holding BV v Talal El Makdessi; ParkingEye Limited v Beavis (https://www.supremecourt.uk/cases/docs/uksc-2013-0280-judgment.pdf), the Court (at great length)
looks at the penalty rule in contract, which, as the Court notes, has not been considered at the highest level in England for a century. Lord Neuberger and Lord Sumption observe that ‘The penalty rule in England is an ancient, haphazardly constructed edifice
which has not weathered well, and which in the opinion of some should simply be demolished, and in the opinion of others should be reconstructed and extended’. The Court declines to abolish the rule, and also declines to follow the extensive approach of the
High Court of Australia decision in Andrews v Australia and New Zealand Banking Group Ltd (2012) 247 CLR 205.
Best wishes,
James
--
James Lee
Senior Lecturer in Private Law
Director of UG Admissions and Scholarships
The Dickson Poon School of Law
Somerset House East Wing
King's College London
Strand
London WC2R 2LS
E-mail:
james.lee@kcl.ac.uk
Tel: +44 (0)20 7848 2363
Profile:
http://www.kcl.ac.uk/law/people/academic/j-lee.aspx
Newly Published:
Jamie Glister and James Lee (eds), Hanbury & Martin: Modern Equity (20th edition, 2015), Sweet & Maxwell:
http://www.sweetandmaxwell.co.uk/Catalogue/ProductDetails.aspx?recordid=6430&searchorigin=hanbury&productid=632503