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United Kingdom
unjust enrichmentsubrogationequitable remedies
Menelaou v Bank of Cyprus UK Ltd
Bank of Cyprus UK Ltd v Menelaou [2015] UKSC 66
Key Principle
Where a defendant is enriched as a result of the claimant's loss, the enrichment is at the claimant's expense for the purposes of unjust enrichment even though it is not transferred directly, provided there is a sufficient causal link; and subrogation to an extinguished unpaid-vendor's lien is an available restitutionary remedy to reverse such enrichment.
Area of Law
trusts
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