Agency and trust relationships are ubiquitous in modern finance, and it is therefore essential that any interactions between the two strands of law are properly understood. The recent judgment of the Court of Appeal in National Iranian Oil Company v Crescent Gas Corporation Limited [2025] EWCA Civ 1211 is an intriguing modern example of such an interaction, engaging in the context of s 53(1)(b) of the Law of Property Act 1925.
10 JAN 2026Alyssa Stansbury of One Essex Court reports on a recent banking law case, Daniel Jukes is reading for an MPhil in Law at Merton College, University of Oxford and will commence pupillage in autumn 2023. Email: daniel.jukes@law.ox.ac.uk and Luke Broadway,1 a research assistant at the Law Commission, reports on a recent banking law case
1 MAY 2023The uncertainty surrounding the conceptual basis of undisclosed agency is, in many senses, an academic problem.1 1 However, this uncertainty is not 1 entirely1 academic, and can pose practical challenges in a conflict of laws context. This article explores several private law explanatory theories for undisclosed agency: contract, tort and unjust enrichment. Once each theory is subject to a conflict of laws analysis, it will be observed that a single fact pattern, when analysed through the three lenses, gives rise to three different applicable laws. This divergence risks unwanted legal uncertainty in international transactions structured to incorporate undisclosed agency relations.1
1 FEB 2024