Shares in a company had been given by a promoter to the defendant to induce him to become a director.
Held: They belonged to the company.
Sir James Bacon V-C
(1878) 12 Ch D 738
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.
Updated: 16 May 2022; Ref: scu.551506