Problem: Hitesh pays $100,000 to Miles Davis, Sports Consultant, for Miles to purchase early bird tickets for him and Jemma to attend the 2023 Rugby World Cup in France. Miles opens a new bank account and deposits the $100,000 in it. The early bird tickets are to be released for sale on 1 November 2022. Yesterday Miles Davis was made bankrupt.
Can Hitesh get the $100,000 back from Miles? Explain with reference to the decision in Quistclose Investments v Barclays Bank