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United Kingdom
breach of trustdishonest assistanceknowing receipt
Williams v Central Bank of Nigeria
Williams v Central Bank of Nigeria [2014] UKSC 10; [2014] AC 1189
Key Principle
A stranger to a trust who is liable only as a constructive trustee for dishonest assistance in a breach of trust or for knowing receipt of trust property is not a 'trustee' within s.21(1) of the Limitation Act 1980; such claims are therefore subject to the ordinary six-year limitation period (here under s.21(3)) and do not benefit from the disapplication of limitation in s.21(1)(a)-(b).
Area of Law
trusts
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