Trusts and Estates
Vesting orders in respect of property owned by dissolved foreign companies
Alison Court Management Company Ltd v the Crown Estate Commissioners [2022] EWHC 2375 (Ch)
It is fairly common for an owner of a flat to own their particular residence outright on a long lease, and also to own a share
in the freehold as a shareholder of a separate management company. But what happens when, after having owned and occupied
their flat for a number of years, a flat owner discovers that the freehold on which the flats are built is not, in fact, vested
in the management company, but, instead, is still registered in the name of the foreign company that constructed the buildings
on the estate – a company which was dissolved many years before?