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Lloyd's Shipping & Trade Law

Sale of goods

On Demand Information plc v Michael Gerson (Finance) plc [2002] UKHL 949, House of Lords, Lord Nicholls of Birkenhead, Lord Browne-Wilkinson, Lord Hobhouse of Woodborough, Lord Millett and Lord Scott of Foscote, 18 April 2002

Sale of goods – Finance lease – Court order for sale of leased equipment – Relief from forfeiture – Whether Court had power to determine allocation of proceeds of sale despite sale being effected before order for relief of forfeiture being made

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