In re Caerphilly Colliery Co, Pearson’s Case: CA 1877

A company director, had received shares from the promoters and then acted for the company in its purchase of a colliery from the promoters.
Held: The shares were held on trust for the company.


Sir George Jessel MR and James and Baggallay LJJ


(1877) 5 Ch D 336


England and Wales

Cited by:

CitedFHR European Ventures Llp and Others v Cedar Capital Partners Llc SC 16-Jul-2014
Approprietary remedy against Fraudulent Agent
The Court was asked whether a bribe or secret commission received by an agent is held by the agent on trust for his principal, or whether the principal merely has a claim for equitable compensation in a sum equal to the value of the bribe or . .
Lists of cited by and citing cases may be incomplete.


Updated: 06 May 2022; Ref: scu.551504