Joint Venture for the Purchase of Land

Generator Developments Ltd v Lidl UK GmbH / Judgment Date: 08 March 2018: The Court of Appeal summarised the law applicable to equitable claims based on Pallant v Morgan [1953] Ch. 43, [1952] C.L.Y. 3571. A property development company, which had been negotiating a joint venture with a supermarket for the purchase of land, did not have an interest in the land under Pallant v Morgan principles when the supermarket had purchased it before the joint venture was finalised.

Written by James Naylor

Partner, Naylor Solicitors LLP.

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