This post discusses the finding by the Court of Appeal that it was inappropriate for the application judge to have granted a constructive
trust as a remedy for breach of fiduciary duty.
In our earlier posts, we focused on the use of a constructive
trust as a remedy for breach of fiduciary duty and third party fraud liability.
Not exact matches
This site is for the thinkers and doers who want quality information and recommendations they can
trust on topics such
as recipes and kitchen tips, gardening, preparedness, home
remedies and natural health, herbs and wildcrafting, sustainable living and homesteading.
Herbal tea is healthy and delicious in general, but I never thought of it
as a fever
remedy until a
trusted friend suggested it.
RESCUE
REMEDY ® PET products contain the same
trusted active formula
as original RESCUE ® brand products, but in an alcohol - free formula with glycerine and water.
As a
remedy, Our Children's
Trust is calling for a science - based government plan to bring carbon dioxide levels in the air below 350 parts per million by 2100.
It seems, after all, less that science is enjoying a renaissance, but that «science» is simultaneously the expression of a weakening of public discourse and
trust, and is given
as its
remedy.
In the civil sphere, it may be appropriate to issue claim against the fraudsters for deceit, misappropriation, unjust enrichment, knowing receipt, conspiracy, dishonest assistance etc, and seek interim
remedies such
as search information, freezing, Norwich Pharmacal and Bankers
Trust orders.
Note that there may be equitable
remedies such
as the presumption of resulting
trust, but all the warnings about unjust enrichment apply here
as well.
In the even that you have missed the two limitation period, you still have an opportunity to pursue so called «equitable
remedies» such
as «unjust enrichment» and «constructive
trusts».
The majority of the Court generally agreed that Indalex had breached its fiduciary duty
as plan administrator but that the constructive
trust imposed by the Ontario Court of Appeal was not the appropriate
remedy.
A breach of fiduciary duty not only gives rise to a tort, it gives rise to special damages and
remedies that are unique to fiduciary cases apart from common economic loss damages, such
as disgorgement of ill - gotten gains or a constructive
trust.
The BC Court of Appeal in BNSF Railway v Teck Metals Ltd 2016 BCSC 350 the court delivered the following brief summary of the history of constructive
trust as an equitable
remedy:
Chechui v Nieman is a useful case for illustrating when resulting
trust claims can succeed, and when they can not,
as a
remedy for property disputes between common law spouses.