BCCI V Aboody
   HOME

TheInfoList



OR:

''Bank of Credit and Commerce International S.A. v. Aboody'' 9924 All ER 955 is an
English contract law English contract law is the body of law that regulates legally binding agreements in England and Wales. With its roots in the lex mercatoria and the activism of the judiciary during the industrial revolution, it shares a heritage with countries ...
case relating to undue influence.


Facts

Mrs. Aboody signed a document making a charge over the family home in favour of
Bank of Credit and Commerce International The Bank of Credit and Commerce International (BCCI) was an international bank founded in 1972 by Agha Hasan Abedi, a Pakistani financier. The bank was registered in Luxembourg with head offices in Karachi and London. A decade after opening, BCC ...
, to secure her husband’s borrowing for his company. Mr. Aboody had bullied her, and she had signed to get some peace.


Judgment

Slade LJ held that because of "manifest disadvantage" had to be shown even in cases of actual undue influence. The transaction was not manifestly disadvantageous, but this requirement was subsequently overruled in .


See also

{{Caselist undue influence *
English contract law English contract law is the body of law that regulates legally binding agreements in England and Wales. With its roots in the lex mercatoria and the activism of the judiciary during the industrial revolution, it shares a heritage with countries ...
* Undue influence in English law * Iniquitous pressure in English law *'' Lloyds Bank Ltd v Bundy'' 975QB 326 *'' Williams v. Walker-Thomas Furniture Co.'' 350 F.2d 445 (C.A. D.C. 1965) English unconscionability case law 1992 in United Kingdom case law