FHR European Ventures & ors v Mankarious & ors [2013] EWCA Civ 17

Wills & Trusts Law Reports | May 2013 #129

The claimants (Investor Group) appealed from the decision of Simon J ([2011] EWHC 2308 (Ch)) that the Investor Group was entitled to a personal, but not a proprietary, remedy against Cedar Capital Partners LLC (Cedar). There was no appeal from Simon J’s decision that Cedar was liable to account in equity to the Investor Group.

Monte Carlo Grand Hotel in Monaco was owned by Monte Carlo Hotel SAM, a Monegasque company. The company’s share capital was owned by Monte Carlo Grand Hotel Ltd, a BVI company. In September 2004, the BVI company was interested in selling the hotel, either by...

Constructive Trusts: The Pallant v Morgan equity

Nitej Davda looks at the enforceability of informal agreements relating to land A key feature of a Pallant v Morgan equity is the presence of either detriment suffered or an advantage gained by one of the parties as a result of an act or omission by the other party. The Pallant v Morgan equity is …
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Trusts: Silence is golden

Claire Stewart contemplates recent case law on disputed ownership in the light of Jones v Kernott ‘Traditionally, a constructive trust will arise in equity where it would be unconscionable to allow a legal owner of a property to retain the beneficial ownership of it.’ This article will consider the recent judgment of the Court of …
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