← All Authorities
United Kingdom Leading Case bribes and secret commissionsinstitutional vs remedialknowing receipt

FHR European Ventures LLP v Cedar Capital Partners LLC

[2014] UKSC 45
JurisdictionUnited Kingdom
CourtUK Supreme Court
Year2014
StatusBinding authority

Summary

An agent who receives a bribe or secret commission holds it on constructive trust for the principal, giving the principal a proprietary rather than merely personal claim.

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

Thorne v Kennedy (2017) 263 CLR 85

Prenuptial agreements set aside for unconscionability and undue influence where inequality of bargaining power existed between the parties.

Kakavas v Crown Melbourne Ltd (2013) 250 CLR 392

A casino operator's mere knowledge of a patron's pathological gambling does not constitute unconscionable conduct absent deliberate exploitation of that special disadvantage.

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

A supplier's high-pressure door-to-door sales tactics targeting elderly women constituted unconscionable conduct under the Australian Consumer Law.

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...