A trust which a court declares or imposes onto participants of very specific circumstances such as those giving rise to an action for unjust enrichment, and notwithstanding the lack of any willing settlor to declare the trust (contrast with express trusts and resulting trusts).
a trust created by a court (regardless of the intent of the parties) to benefit a party that has been wrongfully deprived of its rights
a common law remedy used against persons who have acquired property unjustly, whereby that property is seized from the wrongdoer and given back to the rightful owner
a court judgment directing that a person hold money or property, not for themselves, but instead in a court-imposed trust for the benefit of another person
a fiction imposed as an equitable device for achieving justice
a flexible remedy imposed in a variety of situations to prevent unjust enrichment (e
a legal device used by courts A court is an official, public forum which a public power establishes by lawful authority to adjudicate disputes, and to dispense civil, labour, administrative and criminal justice under the law
an appropriate remedy against unjust enrichment
an equitable device used to avoid unjust enrichment of a person who receives property from another under circumstances that would make retention unconscionable
an equitable remedy created by the courts to prevent unjust enrichment
an equitable remedy to compel a person "who unfairly holds a property interest to convey such interest to the rightful owner
an equitable trust imposed by law and the courts to avoid injustice by fraud or unjust enrichment
an extraordinary remedy, which provides that even though Debtor has possession of the property, legal title is actually vested with another party
a remedial device by which the holder of legal title is held to be a trustee for the benefit of another who in good conscience is entitled to the beneficial interest
a remedy that a court uses to prevent unjust enrichment in cases involving fraud or wrongful conduct
a trust implied whenever the circumstances are such that the person holding legal title to property, either from fraud or otherwise, cannot enjoy
An equitable remedy under which a person who has acquired property by a wrongful act is deemed to hold the property in trust for the victim of the wrong.
Legal order creating a trust for property illegally assumed or taken, which will then compel the person who has improperly assumed the title to the property to transfer it to the party having the legally sustainable claim.
A trust is a legal relationship where one person, the trustee, holds assets for the benefit of another person (the beneficiary). A 'constructive' trust is one type of trust that, instead of being set up expressly by a settlor, arises by operation of law as a response to certain events. For example, if I take your car and swap it for a motorbike, I will obtain legal title to the motorbike.