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United States
Leading Case
definitionproprietary remedyremedial device
Beatty v. Guggenheim Exploration Co.
225 N.Y. 380 (1919)
Key Principle
The constructive trust is the formula through which the conscience of equity finds expression: where property has been acquired in such circumstances that the holder of legal title may not in good conscience retain the beneficial interest, equity converts him into a trustee.
Area of Law
Equity, Trusts & Restitution
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