United Kingdom uncategorized

Air Jamaica Ltd v Charlton

[1999] UKPC 20; [1999] 1 WLR 1399

JurisdictionUnited Kingdom

CourtJudicial Committee of the Privy Council (on appeal from Jamaica)

Year1999

StatusPersuasive authority

Key Principle

Surplus assets of a failed or dissolved trust (here a pension fund) are held on automatic resulting trust for the contributors, irrespective of their subjective intention.

Area of Law

Related Cases

Clyde & Co LLP v Bates van Winkelhof [2014] UKSC 32; [2014] 1 WLR 2047; [2014] ICR 730; [2014] 3 All ER 225

Sinclair Investments (UK) Ltd v Versailles Trade Finance Ltd [2011] EWCA Civ 347; [2012] Ch 453; [2011] 3 WLR 1153; [2011] 4 All ER 335

Oxley v Hiscock [2004] EWCA Civ 546; [2005] Fam 211; [2004] 3 WLR 715; [2004] 3 All ER 703; [2004] WTLR 709

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