← All Authorities
United Kingdom Leading Case uncategorized

Criterion Properties plc v Stratford UK Properties LLC

[2004] UKHL 28; [2004] 1 WLR 1846; [2006] 1 BCLC 729; [2004] BCC 570
JurisdictionUnited Kingdom
CourtHouse of Lords (United Kingdom)
Year2004
StatusBinding authority

Key Principle

Whether a transaction entered into by directors in breach of duty binds the company turns on ordinary agency principles (actual/apparent authority); a counterparty who knows the transaction is contrary to the company's commercial interests cannot rely on apparent authority.

Area of Law

c

Related Cases

Statoil ASA v Louis Dreyfus Energy Services LP [2008] EWHC 2257 (Comm); [2008] 2 Lloyd's Rep 685; [2008] 2 CLC 520
Statoil ASA v Louis Dreyfus Energy Services LP (The Harriette N) [2008] EWHC 2257 (Comm); [2008] 2 Lloyd's Rep 685; [2009] 1 All ER (Comm) 1035
R v Rahman [2008] UKHL 45; [2009] 1 AC 129; [2008] 3 WLR 264; [2008] 4 All ER 351

Ask CommonBench about this case

Get a detailed analysis of Criterion Properties plc v Stratford UK Properties LLC and how it applies to your situation.

Explain Criterion Properties plc v Str...