Daniels & Anor v Lewis & Anor [2005] EWHC 473 (QB) (23 March 2005)
The loans were informal family loans made without any express stipulation as to time for repayment. There was no agreement to make repayment conditional on payment of alleged unpaid salaries, nor any agreement to write off the loans. The loans are therefore repayable on demand or immediately, and the claimants are entitled to repayment.
- Citation
- [2005] EWHC 473 (QB)
- Parties
- Claimant: Richard Jack Daniels; Claimant: Jacqueline Doris Daniels; Defendant: Nigel Lewis; Defendant: Heather Lewis
- Jurisdiction
- England and Wales
- Judgment Date
- 23 March 2005
- Procedural Posture
- Civil / Judgment After Trial
- Outcome
- Judgment for the Claimants
- Legal Topics
- Loans, Family Arrangements, Repayment Terms, Oral Agreements, Implied Terms
Case Brief
Summary, issues, holding and outcome
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Parties
Richard Jack Daniels
Claimant
Jacqueline Doris Daniels
Claimant
Nigel Lewis
Defendant
Heather Lewis
Defendant
Procedural Posture
Civil / Judgment After Trial
Legal Issues
- 1 Whether two loans made by claimants to defendants were repayable on demand or subject to an express condition regarding repayment
- 2 Whether loans were to be offset against alleged unpaid director's salaries
- 3 Whether there was an agreement to write off the loans
Ratio Decidendi
The loans were informal family loans made without any express stipulation as to time for repayment. There was no agreement to make repayment conditional on payment of alleged unpaid salaries, nor any agreement to write off the loans. The loans are therefore repayable on demand or immediately, and the claimants are entitled to repayment.
Court Disposition
Judgment for the Claimants
Orders
- Defendants to pay claimants £81,000 plus interest
Full Case Text
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