The court placed emphasis on the desirability of upholding bona fide commercial transactions, and the corresponding undesirability of allowing notions of constructive notice to intrude into commercial transactions.
Judges:
Lindley LJ
Citations:
[1895] 2 QB 539
Jurisdiction:
England and Wales
Cited by:
Cited – Bank of Credit and Commerce International (Overseas) Ltd and Another v Akindele CA 22-Jun-2000
The test of whether a person who received funds held them on constructive trust, was not whether he himself was dishonest, but rather whether he had knowledge of circumstances which made it unconscionable to hold on to the money received. In respect . .
Lists of cited by and citing cases may be incomplete.
Company
Updated: 06 May 2022; Ref: scu.196959
