United Kingdom

Boardman v Phipps

[1967] 2 AC 46

JurisdictionUnited Kingdom

Year1967

Statusunclear

Key Principle

A fiduciary who obtains information and an opportunity by virtue of their fiduciary position holds any profit made on constructive trust for the beneficiaries, even if acting in good faith and the trust suffered no loss.

Area of Law

trusts

Related Cases

Thorne v Kennedy (2017) 263 CLR 85

Kakavas v Crown Melbourne Ltd (2013) 250 CLR 392

Australian Competition and Consumer Commission v Lux Distributors Pty Ltd [2013] FCAFC 90

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