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>> Home / Business Law/ Yachting

Parrott v Parkin

Following the breakdown of a personal relationship, the claimant (Miss Parrott) was held entitled to a beneficial interest in a yacht to the extent of her contribution to its purchase price, as there was no evidence that at the time of purchase the couple had given any thought to the question of who would have the beneficial interest in the yacht, and the evidence was not sufficient to rebut the presumption of Miss Parrott’s interest.
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