Re Patrick and Lyon Ltd, 1933, Ch 786
Citation:Re Patrick and Lyon Ltd, 1933, Ch 786
Link to case on WorldLII (Reference).
Rule of thumb:What is the test for fraud? Real moral blame - where a person is incredulous and it causes a lot of damage, and other people in the trade recognise this as clearly wrong.
Judgment:
‘(The test for fraud is)... actual dishonesty, involving, according to current notions of fair trading amongst commercial men, real moral blame’, Maugham J. the need for actual dishonesty involving real moral blame’
Warning: This is not professional legal advice. This is not professional legal education advice. Please obtain professional guidance before embarking on any legal course of action. This is just an interpretation of a Judgment by persons of legal insight & varying levels of legal specialism, experience & expertise. Please read the Judgment yourself and form your own interpretation of it with professional assistance.