In re Western of Canada Oil, Lands and Works Co, Carling, Hespeler, and Walsh’s Cases: CA 1875

Shares which had been transferred by a person to individuals to induce them to become directors of a company and to agree that the company would buy land from the person, were held by the individuals on trust for the company.


James and Mellish LJJ, Bramwell B and Brett J


(1875) 1 Ch D 115


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: 20 May 2022; Ref: scu.551502