Bank of Credit and Commerce International SA v Aboody
| BCCI SA v Aboody | |
|---|---|
| Citation(s) | [1992] 4 All ER 955 |
| Keywords | |
| Undue influence | |
Bank of Credit and Commerce International SA v Aboody [1992] 4 All ER 955 is an English contract law case relating to undue influence.
Facts
Mrs Aboody signed a document making a charge over the family home in the bank’s favour, to secure her husband’s borrowing for his company. Mr Aboody had bullied her, and she had signed to get some peace.
Judgment
Slade LJ held that because of National Westminster Bank v Morgan "manifest disadvantage" had to be shown even in cases of actual undue influence. The transaction was not manifestly disadvantageous, but this was subsequently overruled.
See also
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- English contract law
- Iniquitous pressure in English law
- Lloyds Bank Ltd v Bundy [1975] QB 326
- Williams v. Walker-Thomas Furniture Co. 350 F.2d 445 (C.A. D.C. 1965)