*Relfo Ltd (in liquidation) v Varsani

Equity – Tracing. The liquidator of a company had successfully brought a tracing claim against the defendant in his recovery of money paid by the company. The judge had further found that the defendant had benefited through unjust enrichment. The Court of Appeal, Civil Division, upheld the judge's decision and held that, in order to trace money into substitutes, it was not necessary that the payments should occur in any particular order, let alone chronological order.

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