Banner Homes Group Plc v Luff Developments Ltd

Subject Matter

TRUSTS — Constructive trust — Sale of land — Arrangement or understanding between rival potential purchasers to acquire property through jointly owned company — Plaintiff withdrawing from market in reliance on arrangement or understanding — Defendant completing purchase without involving plaintiff — Whether circumstances giving rise to constructive trust

[2000] Ch 372; [2000] 2 WLR 772