← All Authorities
United Kingdom Leading Case secret profitbribesproprietary remediessecret commission

FHR European Ventures LLP v Cedar Capital Partners LLC

[2014] UKSC 45
JurisdictionUnited Kingdom
CourtSupreme Court of the United Kingdom
Year2014
StatusBinding authority

Key Principle

An agent who receives a secret commission or bribe holds it on constructive trust for the principal; the principal has a proprietary claim (overruling Lister v Stubbs and Sinclair v Versailles).

Area of Law

trusts

Related Cases

Test Claimants in the FII Group Litigation v HMRC (No 2) [2020] UKSC 47
Children's Investment Fund Foundation v Attorney General [2020] UKSC 33
Investment Trust Companies v Revenue and Customs Commissioners [2017] UKSC 29

Ask CommonBench about this case

Get a detailed analysis of FHR European Ventures LLP v Cedar Capital Partners LLC and how it applies to your situation.

Explain FHR European Ventures LLP v Ce...