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United Kingdom Leading Case breach of trustequitable compensation

Target Holdings Ltd v Redferns

[1996] AC 421
JurisdictionUnited Kingdom
CourtUK House of Lords
Year1996
StatusBinding authority

Summary

Equitable compensation for breach of a bare trust used as a conveyancing mechanism is assessed by reference to causation, analogous to common law damages principles.

Key Principle

Equitable compensation for breach of trust by a solicitor is assessed by analogy with common law damages where the trust is a bare trust used as a conveyancing mechanism; the claimant must show the breach caused the loss.

Area of Law

trusts

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