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Tags
#equity #law #strangers
Question
If the recipient dissipates the property (or its proceeds) in circumstances where they lack the requisite knowledge, their proprietary liability to return the property (or its proceeds) thereby ceases. Moreover, they cannot be made personally liable for those innocent actions.
Answer
Independent Trustee Services Ltd v GP Noble Trustees Ltd [2012] EWCA

Tags
#equity #law #strangers
Question
If the recipient dissipates the property (or its proceeds) in circumstances where they lack the requisite knowledge, their proprietary liability to return the property (or its proceeds) thereby ceases. Moreover, they cannot be made personally liable for those innocent actions.
Answer
?

Tags
#equity #law #strangers
Question
If the recipient dissipates the property (or its proceeds) in circumstances where they lack the requisite knowledge, their proprietary liability to return the property (or its proceeds) thereby ceases. Moreover, they cannot be made personally liable for those innocent actions.
Answer
Independent Trustee Services Ltd v GP Noble Trustees Ltd [2012] EWCA
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If the recipient dissipates the property (or its proceeds) in circumstances where they lack the requisite knowledge, their proprietary liability to return the property (or its proceeds) thereby ceases: Independent Trustee Services Ltd v GP Noble Trustees Ltd [2012] EWCA Civ 195 at [76],[84]. Moreover, they cannot be made personally liable for those innocent actions.

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