Quadracolour Ltd v Crown Estate Commissioners [2013] EWHC 4842 (Ch) (11 December 2013)

Quadracolour Ltd v Crown Estate Commissioners [2013] EWHC 4842 (Ch) (11 December 2013)

The claimant was entitled to a vesting order under section 181 of the Law of Property Act 1925 because, but for the dissolution of Columbia, the claimant would have been entitled to the estate under the option agreement, and the Crown did not object to the relief sought. The land was not held on trust, and the...

Source-derived case information.

Citation
[2013] EWHC 4842 (Ch)
Parties
Claimant: Quadracolour Limited; Defendant: Crown Estate Commissioners
Jurisdiction
England and Wales
Judgment Date
11 December 2013
Procedural Posture
Application for Summary Judgment / Judgment on Application for Vesting Order
Outcome
Application granted
Legal Topics
Vesting Order, Escheat, Bona Vacantia, Option to Purchase Land, Dissolution of Company
Property Law Company Law Vesting Order Escheat Bona Vacantia Option to Purchase Land Dissolution of Company

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Parties

Quadracolour Limited

Claimant

Crown Estate Commissioners

Defendant

Procedural Posture

Application for Summary Judgment / Judgment on Application for Vesting Order

  1. 1 Whether the claimant is entitled to a vesting order under section 181 of the Law of Property Act 1925 for land formerly owned by a dissolved company and escheated to the Crown
  2. 2 Whether the claimant's option to purchase created an equitable interest entitling it to the land
  3. 3 Whether the land was held on trust or subject to escheat after disclaimer by the Crown

Ratio Decidendi

The claimant was entitled to a vesting order under section 181 of the Law of Property Act 1925 because, but for the dissolution of Columbia, the claimant would have been entitled to the estate under the option agreement, and the Crown did not object to the relief sought. The land was not held on trust, and the requirements for adverse possession were not satisfied or pursued.

Court Disposition

Application granted

Orders

  • Order made under section 181 of the Law of Property Act 1925 vesting the legal and beneficial freehold interest in the claimant.