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Sinclair Investments (UK) Ltd v Versailles Trade Finance Ltd

[2011] EWCA Civ 347; [2012] Ch 453; [2011] 3 WLR 1153; [2011] 4 All ER 335
JurisdictionUnited Kingdom
CourtCourt of Appeal (Civil Division)
Year2011
StatusBinding authority

Key Principle

A principal has no proprietary (constructive trust) claim to a bribe or secret profit obtained by a fiduciary unless the asset was, or derived from, property of the principal; only a personal account lies otherwise.

Area of Law

e

Related Cases

Clyde & Co LLP v Bates van Winkelhof [2014] UKSC 32; [2014] 1 WLR 2047; [2014] ICR 730; [2014] 3 All ER 225
Oxley v Hiscock [2004] EWCA Civ 546; [2005] Fam 211; [2004] 3 WLR 715; [2004] 3 All ER 703; [2004] WTLR 709
Jennings v Rice [2002] EWCA Civ 159; [2003] 1 P & CR 8 (also reported [2002] 1 WLR 232; [2002] 1 P & CR DG21)

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