A company bought a mine, and shares in the vendor were promised to the company’s secretary.
Held: The shares were held by him for the company beneficially.
Mellish and James LJJ and Brett J
(1875) 2 Ch D 1
Cited by:
Cited – FHR 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.
Agency, Equity
Leading Case
Updated: 02 November 2021; Ref: scu.551503