Use ‘constructive trustee’ in a sentence | ‘constructive trustee’ example sentences
1- Murder will make the killer a constructive trustee of whatever property they acquire as a result.
2- The matter may perhaps be put shortly as follows : what are in the ‘ ‘ constructive trustee .
3- They are liable as constructive trustees , which probably mirrors the general principles of any action in unjust enrichment.
4- If the purchaser has actual knowledge that the asset sale carried out by the directors is in breach of their fiduciary duty, the transaction is voidable at the instance of the vendor and the purchaser will hold the proceeds of the sale as a constructive trustee .
5- For someone to be made a constructive trustee , they must have had the property in their possession or control before the application, and have acted in a dishonest or reckless way.
6- The representee may elect to avoid it, but until he does so, the representor is not a constructive trustee of the property transferred pursuant to the contact, and no fiduciary relationship exists between him and the representee”.
7- Where their actions are reckless or dishonest, the court makes that person a constructive trustee , forcing them to account to the beneficiaries for any loss suffered and look after the trust property in their possession.
8- Related to constructive trusts are constructive trustees , or trustees “de son tort”; these are where “one, not being a trustee and not having authority from a trustee, takes upon himself to intermeddle with trust matters or to do acts characteristic of the office of trustee”.
9- The primary claim against Hambros Jersey is that it is liable to the company as constructive trustee for the sums of £1.3m. and £346,800.
10- The administrators also commenced proceedings by writ against the director and others in respect of those transactions, claiming that the bank was liable to the company as constructive trustee for those sums.
11- The courts have sometimes appeared to embrace a rule that a person can become a constructive trustee not only because he personally receives trust property knowing it is transferred in breach of trust, but also where he knowingly assists in the breach.
12- There was no basis for finding that Savory was liable as a constructive trustee for the £13.5m and Eagle’s claim was struck out.
13- The question of law raised by the application was whether Savory Milln could be made personally liable as constructive trustees to repay the £13.5m (no longer traceable) which had been applied in discharge of Mr Ferriday’s and other sub-underwriters’ liabilities to Savory Milln.
14- Savory argued that a stranger to whom money had been paid in breach of trust could only be held liable as a constructive trustee to account for the money after he had parted with it, if it could be shown that he knew the money misapplied was trust money.
15- The law is not entirely clear in this area, but it would appear that there are two grounds upon which the third party, the tippee, may be held liable to account as constructive trustee .
16- Compare, for example, the so-called “legal (common-law) title” of a constructive trustee with the “legal title” of an owner who is free from any trust.
17- against a third party (‘ tippee’) as constructive trustee
18- Underwriting company was not a constructive trustee
19- Prior to the Tan case, a party, whether individual or corporate, who was not him/herself subject to a trust relationship could be required to account for losses as a constructive trustee if he/she either:
20- (16) the claim is brought for money had and received or for an account or other relief against the defendant as constructive trustee , and the defendant’s alleged liability arises out of acts committed, whether by him or otherwise, within the jurisdiction.
21- constructive trustees
More Sentences:
Related Words:
charitable trust – position of trust – breach of trust – trusted – trustee – bare trustee – active trustee – constructive trustee – trusteed – trustees – trusteeship – trusteeships – trustful – distrust – distrustful –
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