Constructive Trusts and the No-Profit Rule
(2013), 72 Cambridge Law Journal 260-263
6 Pages Posted: 4 Feb 2015
Date Written: May 3, 2013
This case note criticizes the decision of the Court of Appeal for England and Wales in FHR European Ventures LLP v Mankarious  EWCA Civ 17 and argues for a new understanding of the no-profit rule in fiduciary law. The note was cited in the decision of the UK Supreme Court when it allowed the appeal.
Keywords: fiduciary obligations, constructive trusts, trustees, agency, partnership, directors, corporations, executors
JEL Classification: K1
Suggested Citation: Suggested Citation