Addleshaw Goddard

UK 200 2013 position: 23

Shades of Gray: competing rights in the supercar market

In Gray v Smith & Others, Mr Justice Cooke, sitting in the Commercial Court, determined a dispute involving conflicting proprietary claims to a rare McLaren F1 GTR Longtail.

The judge had to consider a series of transactions involving the Longtail, many of which were recorded by incomplete or contradictory documents. He also had to consider an issue about agency and a constructive trust, a rare beast in title disputes, as well as the manner in which motor dealers buy and sell cars.

Mr Gray frequently lent money to various individuals so that they could purchase supercars for him. One such individual was Mr Edwards, who was reputedly disorganised and often unreliable when presented with an invoice for payment…

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Analysis from The Lawyer

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    Another Mancunian merger for Slater & Gordon?

    Could Slater & Gordon achieve its stated aim of becoming a top consumer brand by acquiring Pannone?

  • Addleshaws

    Number crunching: Addleshaw Goddard

    The past five years have not been easy for Addleshaw Goddard. The firm’s revenue fell 7 per cent from £173.1m to £161.9m between 2008/09 and 2010/11 and despite finances looking up in 2011/12, when Addleshaws reported a 30 per cent increase in net profit, it has shown no notable compound growth in turnover since 2007/08.

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Overview

Milton Gate
60 Chiswell Street
London
EC1Y 4AG
UK
http://www.addleshawgoddard.com

Turnover (£m): 166.50
No. of Lawyers: 592

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