‘. . . If a man mixes trust funds with his own, the whole will be treated as the trust property, except so far as he may be able to distinguish what is his own.’
Judges:
Sir William Page Wood VC
Citations:
(1865) 2 H. and M. 417
Jurisdiction:
England and Wales
Cited by:
Cited – Foskett v McKeown and Others HL 18-May-2000
A property developer using monies which he held on trust to carry out a development instead had mixed those monies with his own in his bank account, and subsequently used those mixed monies to pay premiums on a life assurance policy on his own life, . .
Lists of cited by and citing cases may be incomplete.
Equity
Updated: 24 November 2022; Ref: scu.220695