Read the full judgment text of CACV 120/2022 on BabelCite. This Court of Appeal judgment was delivered on 16 May 2023.
1. The question in dispute between the parties is whether certain listed shares transferred by the plaintiff to the defendant in 2009 were given to the defendant to be held on trust for the plaintiff or as a gift. After a 4-day trial, Recorder José-Antonio Maurellet SC (“ judge ”) held that they were a gift. The plaintiff appealed against his judgment [1] (“ Judgment ”) to this court. At the conclusion of the hearing, we dismissed the appeal with costs. Below are the reasons for our decision.
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