Where a person has admittedly acted as agent on a principal's behalf1 in any transaction, he is estopped from denying the rights which have accrued to his principal in consequence thereof, and from setting up any claims adverse thereto, whether in himself2 or third parties3.
This rule applies in particular in the case of goods which have been entrusted to him4, or in respect of which he has acknowledged the title of his principal, whether in actual possession of them or not
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Dividends involve a distribution of cash or a distribution of non-cash assets (known as a distribution in kind or a distribution in specie).A scrip dividend (in a tax context, sometimes referred to as a stock dividend) allows a shareholder to receive new shares in a company as an alternative to a
This Practice Note considers the nature and scope of arbitration agreements with a particular focus on arbitration agreements pursuant to the law of England and Wales, although it also discusses the concept from an international perspective and includes some comparative examples from other
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When restructuring is considered rather than formal insolvency proceedings (see Practice Note: Benefits of restructuring over formal proceedings) the company may want to ensure that relevant creditors quickly enter a standstill agreement to gain some breathing space to consider a restructuring
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