- Corporate ownership and resulting trusts (NRC v Danilitskiy)
- Original news
- What are the practical implications of this case?
- What is the law in this area?
- What did the court decide?
- Case details
Property analysis: The court decided that a company’s effective controller had acquired the beneficial interest, in a property legally vested in the company, by way of a resulting trust. However, it confirmed that whether the presumption of a resulting trust arises in such circumstances is a highly fact-specific issue and will depend on the particular circumstances.
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