Breach of trust

The one where the broken promise by a friend…

Service Type

Breach of trust

Client Type

individual

Sector

real estate

Advised an individual who had loaned approximately £13,000 to a friend for the purposes of investment in a property purchase.  In order to protect the client and apply pressure to the Defendant in an approach with the least cost, the client successfully obtained a restriction at the Land Registry in relation to the property in which the monies had been invested.

The restriction was obtained following arguments that the investment monies were held on “constructive trust” and due to the recipient (the client) because repayment of the investment had not occurred when due.   The client recovered all of their money.

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