A trustee, who recommended that his co-trustees use stockbrokers who gave him a commission, held the commission on trust for the trust.
Judges:
Russell J
Citations:
[1927] 2 Ch 9
Jurisdiction:
England and Wales
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.
Trusts
Updated: 08 May 2022; Ref: scu.551507