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WHAT WERE LORD WESTBURY'S INTENTIONS IN PHILLIPS V PHILLIPS? BONA FIDE PURCHASE OF AN EQUITABLE INTEREST
The Cambridge Law Journal ( IF 1.909 ) Pub Date : 2021-03-30 , DOI: 10.1017/s0008197320000859
Adam Reilly

In Phillips v Phillips, Lord Westbury stated that, against a bona fide purchaser faced with an “equity” to rescind, “the Court will not interfere”. This has been interpreted to mean that purchasers of even an equitable interest shall take free of prior equities. Yet the distinction between “equities” and equitable interests has been, and remains, uncertain; some have therefore questioned the intent behind Phillips. This paper shall elucidate Lord Westbury's intentions within their historical context and argues that Phillips offers a coherent, functional explanation of both: (1) the protection given to equity's darling; and (2) how that protection was effected.

中文翻译:

韦斯特伯里勋爵在菲利普斯诉菲利普斯案中的意图是什么?善意购买公平权益

菲利普斯 v 菲利普斯,韦斯特伯里勋爵表示,对于面临“公平”撤销的善意购买者,“法院不会干预”。这被解释为意味着即使是公平权益的购买者也应放弃先前的股权。然而,“股权”和衡平法利益之间的区别一直是并且仍然是不确定的;因此,有些人质疑菲利普斯背后的意图。本文将阐明韦斯特伯里勋爵在其历史背景下的意图,并认为菲利普斯对两者提供了一个连贯的、功能性的解释:(1)对公平的宠儿的保护;(2) 保护是如何实现的。
更新日期:2021-03-30
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