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14 February 2025 / Michael L Nash
Issue: 8104 / Categories: Features , Property , International
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Are finders still keepers?

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Who owns lost treasures once they have been found? Michael L Nash unearths some peculiarities in the law of possession & ownership

On 6 February 1987, I wrote an article for NLJ under the heading of ‘Are Finders Keepers?’, 137 NLJ 118, based on the case of Elwes v Brigg Gas Co (33 Ch D 562) in 1885. Since then, a great deal has happened in the world of possession and ownership, on which this celebrated case was based. Could the owner of land own objects under the surface—sometimes a very long way under—of which they had no knowledge whatsoever? Or, in giving a lease to another to excavate, did what the lessee found belong to them, given that they had no knowledge either of what they did find, in course of their excavation?

Who owns what?

The property law of England became largely, though not entirely, the result of evolution, rather than revolution. The English, or the British perhaps, have always been loath to abandon anything quaint or whimsical,

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MOVERS & SHAKERS

Clarke Willmott—Kevin Joynes & Neil Gosling

Clarke Willmott—Kevin Joynes & Neil Gosling

Clarke Willmott bolsters housebuilder expertise in Birmingham

Carpmaels & Ransford—Kevin Cordina

Carpmaels & Ransford—Kevin Cordina

Firm adds former Simmons Simmons patent head to engineering and tech team

ACTAPS—Sally Goodger

ACTAPS—Sally Goodger

Freeths strengthens its voice in national disputes with ACTAPS committee appointment

NEWS
4PB chambers has announced the 2026 winner of its Alan Inglis Memorial Essay Prize, now in its third year
Murder could be split into first and second degrees, under Law Commission proposals for a historic overhaul of homicide offences
Prime Minister Keir Starmer’s Australian-style ban on social media for under-16s will be difficult to enforce, lawyers have warned
One in two women in law say their current working pattern is unsustainable for their long-term health, according to a report by the Next 100 Years project
The Legal Services Board (LSB) has highlighted a lack of safeguards where people use artificial intelligence (AI) tools to help with legal problems
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