McEvoy v Belfast Banking Co [1935]

Facts

  • The claimant had £10,000 held in trust for him, accessible upon reaching the age of 25
  • The assisted trustees in managing the money
  • The trustees had no authority to use the money

Issue

  • Could the son claim the £10,000 (which was then spent) at the age of 25?

Decision

  • No

Reasoning

  • Ratification cannot take place once a lack of intent to ratify has been manifested
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Posted in Commercial Law Revision Notes.

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