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#equity #law #tracing
Question
In [ case ], Lord Millett said:

‘Where a trustee wrongfully uses trust money to provide part of the cost of acquiring an asset, the beneficiary is entitled at his option either to claim a proportionate share of the asset or to enforce a lien upon it to secure his personal claim against the trustee for the amount of the misapplied money.’

Answer
Foskett v McKeown

Tags
#equity #law #tracing
Question
In [ case ], Lord Millett said:

‘Where a trustee wrongfully uses trust money to provide part of the cost of acquiring an asset, the beneficiary is entitled at his option either to claim a proportionate share of the asset or to enforce a lien upon it to secure his personal claim against the trustee for the amount of the misapplied money.’

Answer
?

Tags
#equity #law #tracing
Question
In [ case ], Lord Millett said:

‘Where a trustee wrongfully uses trust money to provide part of the cost of acquiring an asset, the beneficiary is entitled at his option either to claim a proportionate share of the asset or to enforce a lien upon it to secure his personal claim against the trustee for the amount of the misapplied money.’

Answer
Foskett v McKeown
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In Foskett v McKeown, Lord Millett said: ‘Where a trustee wrongfully uses trust money to provide part of the cost of acquiring an asset, the beneficiary is entitled at his option either to clai

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